Alera Group swoops for danger administration company

National insurance coverage and prosperity administration business Alera Team has introduced the acquisition of Chance Consulting Partners (RCP), a enterprise that specializes in functioning with non-public fairness companies to assess risk exposures throughout all corporations in their portfolios. The acquisition expands Alera Group’s achieve in personal equity and government threat.

With specialties in home and casualty, employee added benefits, daily life insurance, threat administration and succession setting up, RCP serves firms with among $25 million and $1 billion in earnings. The business serves firms, household offices and private equity companies in extra than 20 unique industries, like health care, building and real estate, and manufacturing. It has 3 offices, found in Chicago, Dallas and St. Louis.

“RCP’s information and means assist formulate successful and resourceful options to guard each firms and personalized property,” claimed Heather Gardere, CEO and chief growth officer of RCP. “We help PE corporations and other higher-center-industry organizations recognize, fully grasp and take care of hazards to reach their very long-term initiatives and objectives as a result of a exceptional approach that can be quickly scaled across a larger sized platform with nominal captive investment decision. With Alera Group, we look ahead to offering our solutions to a broader audience.”

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“Risk Consulting Partners’ relationship-focused, team-centered and disciplined tactic tends to make it the great fit for Alera Team,” reported Alan Levitz, CEO of Alera Group. “The organization is focused to exceeding client anticipations by delivering fantastic, imaginative and sustainable options though also becoming at the forefront of thought leadership, worker empowerment and technologies.”

RCP staff members will go on serving in their existing roles.