DEERFIELD, IL (October 4, 2017) — Alera Group, a leading national employee benefits, property/casualty, risk management and wealth management firm, has completed four new acquisitions, all effective October 1, 2017. These acquisitions add more than 50 new employees to the Alera Group team, continuing to expand the national locations and resource. Terms of the transactions were not disclosed.
Axis Benefit Consultants, located Westmont, IL, specializes in benefits administration, broker and advisory services, COBRA administration and state continuation, along with superior support to provide clients with tailored plans that meet their specific needs. Axis Benefit Consultants will join Alera Group through local firm GCG Financial.
Employer Concept Insurance Services, based in Irvine, CA, seeks to remove insurance-related burdens and administration to empower the client to do what they need to do. Employer Concept Insurance Services values quality service, efficiency and comprehensive market knowledge, leveraging these values to give each client a streamlined insurance experience. Employer Concept Insurance Services will join Alera Group through local firm Centennial.
Jeatran Associates, located in Menomonie, WI, offers employee benefits, individual insurance and HR consulting services to each of their clients. This firm focuses on providing affordable, effective coverage for organizations of all sizes throughout Wisconsin. Jeatran Associates will join Alera Group through local firm JA Counter.
Simpson McCrady Benefits LLC, headquartered in Pittsburgh, PA, specializes in providing customized solutions in the employee benefits industry. Their expertise in alternative risk transfer and group insurance captives has assisted their clientele in managing and navigating risk in an ever-changing marketplace. Simpson McCrady Benefits will join Alera Group through local firm Coury Health Services.
“The acquisition of these four firms is an exciting continuation of Alera Group’s growth across the nation,” said Alan Levitz, CEO of Alera Group. “We are extremely pleased to add these talented firms to the Alera Group team and look forward to more growth with similar firms in the coming months and years.”
Including these four organizations, Alera Group has now announced nine acquisitions this year, opening new locations in six states. The firm continues to grow organically and through acquisitions since its formation in December 2016. For more information on partnering with Alera Group, visit Partnership Opportunities at www.aleragroup.com.
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About Alera Group
Based in Deerfield, IL, Alera Group’s over 800 employees serve more than 20,000 clients nationally in employee benefits, property and casualty, risk management and wealth management. Alera Group was created by merging 24 high-performing, entrepreneurial firms across the U.S. It is the 14th largest independent insurance agency and the 7th largest independent employee benefits firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS