Employee Benefits

Alera Group Acquires Insurance Benefits by Design

January 11, 2023

Deerfield, IL (January 11, 2023) — Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Insurance Benefits by Design (IBBD), a Colorado-based insurance agency offering customized insurance benefits for employers, individuals and families.

“At IBBD, we have a passion for helping clients find the right insurance solutions to fit their needs,” said Cindy Petersen, CEO of Insurance Benefits by Design. “Our team is dedicated to creating an informative and enlightening experience for our clients and we pride ourselves on providing them with the peace of mind that only comes with knowing their family’s future and assets are protected.”

Located in Colorado, IBBD provides an array of insurance-related services, including group and individual health, life, dental, vision and disability as well as business continuation planning across multiple states.

"IBBD partners with many different insurance carriers to offer their clients a variety of personalized insurance options,” said Alan Levitz, CEO of Alera Group. “Their client advocation, innovative thinking and constant collaboration aligns with Alera Group’s commitment to providing superior client service. We are pleased to welcome Insurance Benefits by Design to the Alera Group family.”

IBBD is an affiliate of Sage Benefit Advisors, an Alera Group company. The team will continue serving clients in their existing roles. Terms of the transaction were not announced.

About Alera Group

Alera Group is an independent, national insurance and wealth services firm with more than $1 billion in annual revenue, offering comprehensive employee benefits, property and casualty insurance, retirement plan services and wealth services solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 4,000 professionals in more than 180 offices provides creative, competitive services that help ensure a client’s business and personal success. For more information, visit https://aleragroup.com/ or follow us on LinkedIn.