Deerfield, IL (December 15, 2021)— Alera Group, a top independent, national insurance and wealth services firm, announced today the acquisition of Simkiss & Block, a leading full-service insurance and surety brokerage, risk management consultant, and financial services partner for organizations large and small.
“Today’s risk and employee benefits challenges are increasingly sophisticated and complex. At Simkiss & Block we confront them head on, in order to help our clients confidently grow into tomorrow,” said Brian Block, President & CEO at Simkiss & Block. “For more than 50 years, we’ve developed effective strategies by immersing ourselves in understanding the fundamentals of our clients’ businesses.”
Founded in 1964 and headquartered outside Philadelphia, Simkiss & Block services the full spectrum of risk management and employee benefits, including corporate risk, surety bonds, employee benefits, private client insurance and private equity risk.
“We are thrilled to welcome Simkiss & Block to the Alera Group family,” said Alan Levitz, CEO of Alera Group. “Simkiss & Block is a global leader in providing custom risk and benefits solutions for their diverse clientele all over the world. Simkiss & Block will bolster our expertise in risk and benefits management, as well as expand our footprint and capabilities in Philadelphia.”
The Simkiss & Block team will continue serving clients in their existing roles. Terms of the transaction were not announced.
About Alera Group
Alera Group is an independent, national insurance and wealth services firm with more than $850 million in annual revenue, offering comprehensive employee benefits, property and casualty, retirement plan services and wealth services solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 3,000 professionals in more than 120 offices provides creative, competitive services that help ensure a client’s business and personal success. For more information, visit www.aleragroup.com or follow us on LinkedIn.