Alera Group has announced the expansion of its California footprint with the acquisition of Legacy Risk and Insurance Services.
Legacy Risk provides property and casualty products for commercial insurance and private client service offerings. The company was founded in 2012, but has roots going back to 1929 and special expertise in several industries, including real estate owners and developers, construction, manufacturing, renewable energy, and technology.
“Legacy Risk is a fantastic addition to Alera Group, expanding both our property and casualty service expertise and our geographic footprint into the San Francisco Bay area,” said Alan Levitz, CEO of Alera Group. “The firm attributes their success to its core values of honesty, integrity, and respect. Its dedicated, service-oriented team is a strong fit for Alera’s culture, and we are proud to have this outstanding firm with us as we continue to grow.”
“Securing our partnership with Alera allows us to leverage their national platform of resources and capital, which positions us for future perpetuation and growth,” said Cory Higgins, managing partner of Legacy Risk. “In addition, we found a partner that shares the same cultural values upon which we pride ourselves. As part of Alera Group, we will be able to offer our clients more resources and services than ever before, provided by the same local team they know and trust. We are excited about our future with Alera Group and look forward to collaborating with their respected insurance professionals across the country.”
The Legacy Risk team will continue in their existing roles, Alera Group said.