Employee Benefits

Alera Group Expands Footprint in Texas with Acquisition of IHS Insurance Group

November 12, 2021

Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of IHS Insurance Group, an independent insurance brokerage selling Medicare plans, health insurance, life insurance, auto, home, dental & vision and more.

“IHS Insurance Group is a Christian-based, family-owned business committed to exceptional customer service, “said Michael Steele, Principal Owner of IHS Insurance Group. “For more than 15 years, IHS Insurance Group has grown to serve thousands of satisfied customers by carefully recommending and monitoring coverage each year to ensure optimal coverage at affordable prices.”

IHS Insurance Group is based in North Houston, Texas but is also licensed in several other states. Servicing more than 3,500 satisfied clients as an independent insurance broker, the company specializes in Medicare supplement insurance, individual health insurance plans, life insurance, long-term care and disability insurance.

IHS Insurance Group joins Alera Group through the existing Alera Group Texas offices. The IHS Insurance Group team will continue serving clients in their existing roles. Terms of the transaction were not announced.

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About Alera Group

Alera Group is an independent, national insurance and wealth management firm with more than $850 million in annual revenue, offering comprehensive employee benefits, property and casualty, retirement services and wealth management solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 3,000 professionals in more than 120 offices provides creative, competitive services that help ensure a client’s business and personal success. For more information, visit www.aleragroup.com or follow us on LinkedIn.