Alera Group Acquires Employee Benefits Division of Lamb Insurance Services

Alera Group, an independent, national insurance and wealth management firm, has acquired the employee benefits division of Lamb Insurance Services, an insurance broker exclusively dedicated to nonprofit and social service organizations.

The acquisition is effective April 1, 2021, and the terms of the transaction were not announced.

Headquartered in Philadelphia, Pennsylvania, Lamb Insurance Services’ employee benefits division offers strategic consulting, compliance strategies, technology solutions, administration and claim analytics.

Corey Heller is the former leader of Lamb Insurance Services’ employee benefits division and is now a senior partner at Alera. The Lamb Insurance Services benefits team joins Alera Group through the firm’s Philadelphia location and will be known as Alera Group.

Source: Alera Group

Topics Mergers & Acquisitions