Alera Group, an independent, national insurance and wealth management firm, acquired Related Risk, a third-party administrator (TPA) that helps insurance companies and employers generate new premiums and profits by accelerating product speed-to-market while ensuring compliance with emerging and evolving statutory disability and paid family leave benefits.
Serving New York, New Jersey and clients nationwide, Related Risk helps enterprises and organizations deploy new products and programs, enter new markets and expand existing offerings.
The Related Risk team will continue serving clients in its existing roles. Terms of the transaction were not disclosed.
Source: Alera Group
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Five Reasons Why the US Escaped a Hurricane Landfall So Far This Year 
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States 
Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says 
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims 
