Alera Group, Inc. Overview
Pro stress-test →Alera Group is an independent financial services firm with more than $1.5 billion in gross revenue, offering comprehensive property and casualty insurance, employee benefits, wealth services and retirement plan solutions to clients nationwide. The company operates in the Insurance Brokers industry and serves as a consolidator of insurance agencies across the United States.
Strategic Profile
Pro stress-test →Alera Group's team of more than 4,600 colleagues offer unique solutions, personalized services and proactive insights to help ensure each client's business and personal success. The firm has built a platform through strategic acquisitions, with a focus on providing integrated insurance, wealth management, and risk management solutions to mid-market and enterprise clients.
Competitive Landscape
Pro stress-test →Alera Group competes with Patriot Growth Insurance Services, Hub International, EPIC Insurance Brokers & Consultants, Hylant, and Aon in the insurance brokerage and benefits advisory space. The competitive environment is characterized by consolidation among mid-market brokers and competition from both larger national firms and smaller independent agencies. The market shows increasing carrier competition as profitability improves, capital flows back into the market and underwriting tools become increasingly sophisticated.
Industry Context
Alera Group, Inc. operates in Insurance Brokers.
Key facts
Founded: 2017 · Headquarters: Deerfield, IL, United States · Employees: 4,600 · Revenue: $1.5B+