Employee Benefits
Alera Group Grows with Acquisition of Collective:Choice Insurance Solutions
January 24, 2023
Deerfield, IL (January 24, 2023) — Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Collective:Choice Insurance Solutions, one of the top five enrolling agencies for Covered California, which offers a free service that connects local residents with brand-name health insurance under the Patient Protection and Affordable Care Acts.
“We are dedicated to helping our customers secure insurance coverage to protect against life’s unknowns, and we do so by helping them find a plan that best fits their needs,” said George Balteria, President of Collective:Choice Insurance Solutions. “Our commitment to serving the communities where we operate goes back more than ten years. We continue to keep that promise today through dedicated service and support for local neighborhoods near our locations.”
Founded in 2006, Collective:Choice Insurance Solutions was created to provide a simpler, easier way to shop for and enroll in the Affordable Care Act plans. Collective:Choice Insurance Solutions is a trusted partner of Covered California with the Covered California Certified Agent program, enrolling consumers in the exact same plans and prices as Covered California with no extra costs. The company also offers additional insurance regarding accident, critical illness and hospital confinement.
“Collective:Choice Insurance Solutions has always helped their clients seek safety and peace of mind by serving as their guide in the health insurance marketplace,” said Alan Levitz, CEO of Alera Group. “Their team of experts is available year-round and services are offered in multiple languages. Collective:Choice’s client-first culture will be a great fit for Alera Group.”
The Collective:Choice Insurance Solutions 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.