Alera Group Strengthens Property & Casualty Insurance, Surety Bonds and Employee Benefits Services with Insurance Underwriters Ltd.

Deerfield, IL (September 26, 2024) — Alera Group, a top national insurance and financial services firm, announced today the acquisition of Insurance Underwriters Ltd. (IUL), an insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits. 

IUL provides customizable insurance solutions designed to keep businesses competitive under everchanging market conditions and uses their proprietary Risk Aware 365™ consultative and diagnostic process to enhance the client risk profile. The group also offers extensive employee benefits packages to help protect, attract, and retain talent through group dental insurance, group vision insurance, long-term care insurance, disability insurance and more. 

IUL has been committed to providing top-of-class professional business services for our clients for over 100 years. Partnering with Alera Group will further enhance IUL’s professional services through its consultative, diagnostic and client-centric approach.

“Insurance Underwriters Ltd. has demonstrated a commitment to providing comprehensive insurance plans and excellent service to their clients,” said Alan Levitz, CEO of Alera Group. “We know their addition to our team will further strengthen our existing property casualty insurance and employee benefits presence in the south central part of the country and are thrilled to welcome the team to Alera Group.”

The Insurance Underwriters Ltd. team will continue serving clients in their existing roles. Terms of the transaction were not announced.  

About Alera Group    

Alera Group is an independent financial services firm with approximately $1.4 billion in gross revenue, offering comprehensive property and casualty insurance, employee benefits, wealth services and retirement plan solutions to clients nationwide. Working collaboratively across specialties and across the country, Alera Group’s team of more than 4,400 colleagues offer unique solutions, personalized services and proactive insights to help ensure each client’s business and personal success. For more information, visit aleragroup.com and follow us on LinkedIn.