Alera Group Acquires Specialized Insurance Services Agency Inc.

Alera Group, a leading national insurance and financial services firm, today announced the acquisition of Specialized Insurance Services Agency Inc. (SISA), an independent insurance agency with a focus on assisting professionals and high-net worth individuals.

“Our mission is to prepare people for the unexpected and help them minimize risks. We’re excited to join Alera Group to bolster our services nationwide and continue ensuring a secure future for our clients,” said Danielle McCluskey-Schink, Chief Executive Officer of SISA.

Headquartered in Michigan, SISA provides Professional Liability Insurance for doctors, dentists and lawyers and protections such Employment Practices Liability, Directors & Officer’s, Cyber & Regulatory Affairs and Worker’s Compensation for business owners. Additionally, SISA works as an insurance concierge helping high-net worth individuals asses their unique risks on the personal insurance spectrum and offers custom solutions designed with higher limits, specialized art and jewelry coverages, world travel protection and collector’s coverage.

“SISA’s insurance concierge model allows it to establish and nurture enduring relationships that span a client’s professional and personal life,” said Alan Levitz, CEO of Alera Group. “They understand the unique challenges of their clients and help minimize their risk in an ever-changing environment. We are proud to welcome SISA to Alera Group, and we look forward to their impact as they work with our offices nationwide.”

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

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About Alera Group

Based in Deerfield, IL, Alera Group’s over 2,000 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management. Alera Group is the 15th largest privately held firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.