Employee Benefits

Alera Group Acquires Legacy Risk & Insurance Services, LLC

December 3, 2020

Alera Group, a leading insurance and financial services firm, today announced the expansion of its California footprint with the recent addition of Legacy Risk and Insurance Services, LLC (Legacy Risk), effective October 1, 2020.

Legacy Risk is a preeminent provider of property and casualty solutions for commercial insurance and private client service offerings. Legacy Risk was founded in 2012 but has roots going back to 1929. The firm is known throughout California and the surrounding region for its deep expertise across several industries including real estate owners & developers, construction, manufacturing, renewable energy and technology.

“Legacy Risk is a fantastic addition to Alera Group, expanding both our property and casualty service expertise and our geographic footprint into the San Francisco Bay area,” said Alan Levitz, CEO of Alera Group. “The firm attributes their success to its core values of honesty, integrity and respect. Its dedicated service-oriented team is a strong fit for Alera’s culture and we are proud to have this outstanding firm with us as we continue to grow.”

“Securing our partnership with Alera allows us to leverage their national platform of resources and capital which positions us for future perpetuation and growth. In addition, we found a partner that share the same cultural values upon which we pride ourselves. As part of Alera Group, we will be able to offer our clients more resources and services than ever before, provided by the same local team they know and trust,” said Cory Higgins, Managing Partner of Legacy Risk. “We are excited about our future with Alera Group and look forward to collaborating with their respected insurance professionals across the country.”

The Legacy Risk team will continue serving clients in their existing roles. Terms of the transaction were not disclosed.


About Alera Group

Based in Deerfield, IL, Alera Group’s over 2,000 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management. Alera Group is the 15th largest privately held firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.