Alera Group has introduced the acquisition of Insurance Benefits by Design (IBBD), a Colorado-based insurance coverage company. The phrases of the transaction weren’t disclosed.
“At IBBD, we have a passion for helping clients find the right insurance solutions to fit their needs,” mentioned Cindy Petersen, CEO of IBBD. “Our team is dedicated to creating an informative and enlightening experience for our clients, and we pride ourselves on providing them with the peace of mind that only comes with knowing their family’s future and assets are protected.”
IBBD supplies a spectrum of insurance-related companies, together with group and particular person well being, life, dental, imaginative and prescient and incapacity. It additionally presents enterprise continuation planning throughout a number of states.
“IBBD partners with many different insurance carriers to offer their clients a variety of personalized insurance options,” mentioned Alan Levitz, CEO of Alera Group. “Their client advocation, innovative thinking and constant collaboration aligns with Alera Group’s commitment to providing superior client service. We are pleased to welcome Insurance Benefits by Design to the Alera Group family.”
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IBBD is an affiliate of Alera Group firm Sage Benefit Advisors. The IBBD workforce will proceed serving purchasers of their current roles.
IBBD is the most recent acquisition by Alera Group. In October, the corporate acquired Florida-based Murray Insurance Agency. In August, it acquired Georgia-headquartered Jowers-Sklar Insurance.
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