Alera Group Acquires Maryland’s Georgetown Insurance Service

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc., effective March 1, 2020.

The Georgetown Insurance team will continue serving clients in their current roles following the acquisition. Terms of the transaction were not disclosed.

Headquartered in Silver Spring, Md., Georgetown Insurance has served clients throughout the state and the surrounding region for decades. Georgetown Insurance works closely with the construction, manufacturing, real estate and transportation industries, in addition to providing clients with specialty offerings and enhanced services.

With more than 80 firms across the country and nearly 2,000 teammates, Alera Group works together to deliver solutions in employee benefits, property and casualty, retirement services and wealth management.

Source: Alera Group

Topics Mergers & Acquisitions Maryland