Around the P&C insurance industry: December 22, 2021
News from Alera Group, Sedgwick, Kelso & Company and more.
Alera Group acquired Heist Insurance Agency, an independent insurance company providing excellent insurance services in Southern New Jersey and beyond. The Heist Insurance Agency team will continue serving clients in their existing roles.
Alera Group acquired Simkiss & Block, full-service insurance and surety brokerage, risk management consultant, and financial services partner for organizations large and small. The Simkiss & Block team will continue serving clients in their existing roles.
Sedgwick announced that its world-class training programs will continue expanding under the division name Sedgwick University. The company will align its in-person and virtual training courses and expand its offerings for developing, upskilling and attracting the next generation of talent.
Kelso & Company completed an investment in ReSource Pro, taking a majority interest in the company. ReSource Pro is a market leader in business process solutions for the P&C insurance industry. The partnership between Kelso and ReSource Pro will enable the company to continue its long-term growth strategy, adding expertise and resources to enhance client value and expand its global operations.
Gild Insurance partnered with Coterie Insurance to add their small business insurance offerings to Gild Insurance’s portfolio. The companies have a shared goal of expanding access to small business insurance and quickly insuring entrepreneurs and business owners, achieved through strategic partnerships.
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