Alera Group, Inc.

Alera Group News

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Are You Prepared to Comply With the New Mental Health Parity Final Rule in 2025?

On September 9, 2024, the DOL, IRS and HHS released a final rule for the Requirements Related to the Mental Health Parity and Addiction Equity Act (MHPAEA Final Rule). The MHPAEA Final Rule is similar to the proposed rule released on July 25, 2023, with some marked differences. While the MHPAEA Final Rule is effective as of November 22, 2024, the requirements become enforceable at different times.

October 28, 2024

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Alera Group Expands in Massachusetts

Deerfield, IL (October 24, 2024) — Alera Group, a top national insurance and financial services firm, announced today an expansion of its Massachusetts presence with the acquisitions of Pittsfield, Massachusetts-based Berkshire Fairfield Insurance Agency and Scarafoni Financial Group (ST Insurance). The addition expands Alera Group’s work in Employee Benefits, Property and Casualty Insurance and Retirement Plan Services.

October 24, 2024

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Alera Group hires key industry-leading M&A experts Sara Carroll and Ken Rhoads

Deerfield, IL (October 24, 2024) — Alera Group, a top national insurance and financial services firm, is pleased to announce the addition of industry-leading experts Sara Carroll and Ken Rhoads. Carroll and Rhoads have joined the organization as Private Equity Diligence Team Leads to help continue building and enhancing Alera Group’s capabilities in the Private Equity (PE) space.

October 24, 2024

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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.

September 26, 2024

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P&C Market Update: U.S. Insurance Industry Shows Signs of Stabilization Amidst Varied Challenges

Deerfield, IL (September 10, 2024) — Alera Group’s 2024 Property and Casualty Market Update

reveals that the U.S. insurance market is beginning to stabilize, reflecting a shift from the previous period of volatility.

September 10, 2024

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Alera Group Acquires Advanced Capital Group

Alera Group, a top national insurance and financial services firm, announced today the acquisition of Minnesota-based Advanced Capital Group (ACG). The acquisition adds $24 billion in retirement plan and wealth assets.

September 5, 2024

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Alera Group Announces New Leadership: Jim Blue to Assume CEO Role, Alan Levitz Named Executive Chairman

Alera Group, a top national insurance and financial services firm, today announced that its president, Jim Blue, will become Chief Executive Officer, effective January 1, 2025. He will succeed Alan Levitz, who will become Alera Group’s Executive Chairman.

September 3, 2024

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Johnson Acho Joins Alera Group

Deerfield, IL (August 16, 2024) — Alera Group, a top national insurance and financial services firm, today announced that Johnson Acho, a solo insurance practitioner with 30 years of experience, joined Alera Group effective August 1, 2024.

August 16, 2024

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Alera Group Partners with Blue Zones to Launch Workplace Well-Being Pilot Program

Alera Group, Blue Zones introduce new initiative to drive employee health and lower healthcare costs through evidence-based practices

August 5, 2024

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