Employee Benefits
Alera Group Strengthens Personal Income Protection Solutions with Acquisition of NPC Benefits
October 18, 2022
Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of NPC Benefits, a specialty insurance consulting firm providing personal income and wealth protection plans to employees, associations, executives and professionals.
Based in Atlanta, Georgia, NPC Benefits was initially founded in 1991 as National Planning Consultants, a specialty provider of supplemental disability insurance plans for large employers. Today, NPC works jointly with group benefit consultants and other insurance professionals to bring the most innovative supplemental income protection concepts and products to large employers and associations, using proprietary enrollment communications and technology.
“Having adequate income protection insurance is one of the most important aspects of financial planning, as it protects the one asset that provides for everything else. NPC is committed to enhancing the availability, convenience and communication of personal income protection plans to employees, associations, individuals and families,” said Ken Yarbrough, President of NPC Benefits. “Our focus is on offering the most innovative income protection plans available today, with significant discounts and no health questions, through both employers and associations.”
“The NPC Benefits team’s comprehensive knowledge of the insurance landscape allows them to match employers and associations with plans that fit their customers best,” said Alan Levitz, CEO of Alera Group. “We are pleased to welcome NPC Benefits to the Alera Group family and expand our footprint in Georgia.”
The 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 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 3,500 professionals in more than 150 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.