Acquisitions Expand Expertise in Med-Mal Insurance, Wealth Management and
DEERFIELD, IL (November 1, 2017) — Alera Group completed three acquisitions effective November 1, 2017. These acquisitions expand the locations and resource offerings of Alera Group throughout the nation, specifically strengthening their med-mal insurance, wealth management and employee benefits expertise. Terms of the transactions were not announced.
HealthFirst, located in Berwyn, PA, specializes in cost management, benefit administration technology, monthly reporting, compliance support and HR support. Their unique approach provides superior support to provide clients with tailored plans that meet their specific needs. HealthFirst will join Alera Group through Pentra, an Alera Group company in Villanova, PA.
Somerset Capital Advisors, located in Berwyn, PA, offers investment advisory services utilizing the industry’s best technology and products. Somerset Capital Advisors seeks to provide service that brings clarity, flexibility and confidence to each client, particularly in the areas of retirement plan and investment management needs. Somerset Capital Advisors will join Alera Group through Pentra, an Alera Group company in Villanova, PA.
Flagship Healthcare, located in Chicago, IL, is a physician-owned insurance brokerage specializing in professional liability insurance solutions for healthcare providers. Flagship Healthcare strives to educate and collaborate with each of their clients, meeting their individual malpractice insurance needs. Flagship Healthcare will join Alera Group through local firm GCG Financial in Chicago, IL.
“We’re excited to welcome these firms to Alera Group,” said Alan Levitz, CEO of Alera Group. “They are each excellent representatives of our vision and values, and these strategic additions continue to expand our expertise across the country.”
These acquisitions are the latest announcement from Alera Group, as the firm continues to grow organically and through acquisitions since its formation in December 2016. For more information on partnering with Alera Group, visit Partnership Opportunities at www.aleragroup.com.
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About Alera Group
Based in Deerfield, IL, Alera Group’s over 800 employees serve more than 20,000 clients nationally in employee benefits, property and casualty, risk management and wealth management. Alera Group was created by merging 24 high-performing, entrepreneurial firms across the U.S. It is the 14th largest independent insurance agency and the 7th largest independent employee benefits firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS
Rob Lieblein, Chief Development Officer