Alera Group, a top independent, national insurance and wealth management firm, today announced the acquisition of Risk Consulting Partners (RCP), a team of professionals that brings a consultative approach to developing innovative insurance solutions and protecting clients’ assets. RCP specializes in working with private equity firms and assessing risk exposures across all companies in their portfolios.
With core competencies in property and casualty insurance, employee benefits, life insurance, risk management and succession planning, RCP delivers enterprise-level expertise to businesses with $25 million to $1 billion in revenue. The firm’s staff of experienced specialists evaluates, designs and procures innovative risk management solutions for companies, family offices and private equity firms in more than 20 different industries, including healthcare, construction and real estate and manufacturing. RCP currently has three offices, located in Chicago, Dallas and St. Louis.
“RCP’s knowledge and resources help formulate effective and creative plans to guard both business and personal assets,” said Heather Gardere, CEO and Chief Growth Officer of Risk Consulting Partners. “We help PE firms and other upper-middle market companies identify, understand and manage risks to achieve their long-term projects and goals through a unique process that can be quickly scaled across a larger platform with minimal capital investment. With Alera Group, we look forward to offering our services to a wider audience.”
“Risk Consulting Partners’ relationship-focused, team-centered and disciplined approach makes it the perfect fit for Alera Group,” said Alan Levitz, Alera Group’s CEO. “The firm is dedicated to exceeding client expectations by providing exceptional, creative and sustainable solutions while also being at the forefront of thought leadership, employee empowerment and technology.”
The Risk Consulting Partners team will continue serving clients in its existing roles. Terms of the transaction were not disclosed.
About Alera Group
Alera Group is an independent, national insurance and wealth management firm with more than $650 million in annual revenue, offering comprehensive employee benefits, property and casualty insurance, retirement services and wealth management solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 2,500 professionals in more than 100 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.