Alera Group strengthens P&C position
Financial services and risk management company Alera Group has announced that it has acquired Duryea Agency, an insurance agency providing personal and business insurance for clients in New Jersey and the surrounding area. The acquisition strengthens Alera Group’s property and casualty position.
“Alera Group combines local service with national scope, allowing us to provide a greater depth of expertise and breadth of resources to our clients,” said Matthew Duryea, president of Duryea Agency. “We’re excited to join the Alera Group family and share a commitment to providing innovative coverage and solutions to individuals and businesses.”
Duryea Agency has two locations in New Jersey. It offers products, coverage and service across several industries, including auto repair shops, small businesses, restaurants, golf courses and contractors.
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“Duryea Agency understands their clients’ needs and their advanced technology allows them to offer quality service 24/7,” said Alan Levitz, CEO of Alera Group. “Their client-first focus makes the agency a great addition to Alera Group.”
Duryea Agency employees will continue in their existing roles. Terms of the transaction were not disclosed.