Alera Group News

Blue to Become CEO of Alera Group in 2025

Alera Group said its president, Jim Blue, will become the firm’s chief executive officer, effective January 1, 2025. Blue will succeed Alan Levitz, who will become Alera Group’s Executive Chairman. Levitz’ focus will include identifying strategic partners to help advance …

Ryan Specialty to Acquire Assets of MGU Greenhill From Alera

Ryan Specialty said it has signed a definitive agreement to acquire certain assets of Greenhill Underwriting Insurance Services from Alera Group, Inc. Terms of the deal were not disclosed. Houston-based Greenhill is a technology-enabled managing general underwriter focused on the …

Alera Group: Personal Insurance Outlook ‘Discouraging’

Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in catastrophe-prone areas and states with challenging regulations, Alera Group forecasted in a December study. In its 2024 P&C Market Outlook, …

Alera Group Acquires Collective:Choice in California

Alera Group acquired Collective:Choice Insurance Solutions in Westminster, California. The Collective:Choice team will continue serving clients in their existing roles. Collective:Choice was created in 2006 to provide a way to shop for and enroll in the Affordable Care Act plans. …

Alera Group Acquires Insurance Benefits by Design in Colorado

Alera Group acquired Insurance Benefits by Design in Colorado. Insurance Benefits by Design offers insurance benefits for employers, individuals and families. IBBD is an affiliate of Sage Benefit Advisors, an Alera Group company. The team will continue serving clients in …

Alera Group Acquires Virginia-Based Ascent Group

Insurance and investment firm Alera Group announced its acquisition of Virginia Beach-based The Ascent Group and affiliated companies. The acquisition adds significant assets under management to two Alera Group divisions: approximately $1.5 billion within Alera Group Wealth Services’ registered investment …

Illinois’ GCG Financial Rebrands as Alera Group

GCG Financial, a full-service financial services firm, announced that it is changing its corporate branding to Alera Group. The firm was started in 1975 and became one of the founding firms of Alera Group in 2017. The transition to Alera …

People Moves: Distinguished Programs Names Walters to Real Estate Group; Alera Appoints McCormack as Director of Market Relations

Distinguished Programs Appoints Walters to Small Urban & Transitional Real Estate Group Distinguished Programs, a New York, New York-based national insurance program manager, has appointed Matt Walters as business development manager. His new role will support Distinguished’s builder’s risk, city …

Alera Group Acquires Louisiana’s jweinland Group Benefits

Alera Group announced the acquisition of jweinland Group Benefits, a full-service employee benefits firm specializing in the highest quality group benefits and self-funded insurance plans. “Our large and mid-market clients enjoy the flexibility of partial self-funding and we help them …

Alera Group Acquires Texas’ Greenhill

Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Houston, Texas-based Greenhill Insurance Services, a managing general underwriter and program manager with binding authority to underwrite professional liability programs throughout the country for …