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Insurance coverage brokerage ALKEME has acquired Beveridge & Akers Insurance coverage Group, a US-based retail insurance coverage company and wealth administration firm.
The deal goals to boost ALKEME’s threat administration and wealth administration choices throughout the japanese US.
Monetary particulars of the deal weren’t disclosed.
ALKEME CEO Curtis Barton stated: “Gary and his group have constructed an amazing firm with a protracted and profitable monitor file of delivering high quality insurance coverage and wealth administration options.
“We see superb alternatives to work collectively and construct on Beveridge & Akers already sturdy providing and consumer centric method geographically and to take their enterprise to the following degree.”
Beveridge & Akers Insurance coverage Group’s experience covers a variety of merchandise together with auto, dwelling and enterprise insurance coverage, with a deal with non-profits and owners associations.
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Moreover, it gives group well being and life insurance coverage, alongside a collection of wealth administration companies.
Beveridge & Akers Insurance coverage Group president Gary Beveridge stated: “After 47 years of delivering superb service to our purchasers, we’re excited to broaden our choices, attain and assist companies with the ALKEME partnership.
“ALKEME shares our visions, targets for the enterprise and our tradition traces up completely, we sit up for offering our completely satisfied consumer base with even higher merchandise and options whereas we speed up our development.”
Earlier this month, ALKEME acquired multi-line impartial insurance coverage company Flor Insurance coverage Group for an undisclosed sum.
In July 2023, ALKEME acquired full-service insurance coverage businesses Paul Kinan Insurance coverage Group and Wiggins Farha Insurance coverage Group within the US.
Headquartered in Ladera Ranch, California, and backed by GCP Capital Companions, Alkeme caters to purchasers with a variety of choices together with property and casualty, advantages, surety, threat and wealth administration.
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