ALKEME has expanded its Northern California footprint with the acquisition of Ferrante Insurance coverage Companies.
Ferrante was based in 1996 and is a retail insurance coverage company specialising in industrial danger options to contractors.
“We’re actually excited to welcome Ferrante Insurance coverage Companies and their rising Northern California observe to the ALKEME household” stated Curtis Barton, CEO of ALKEME. “Frank has constructed a tremendous workforce with a dedication to serving contractors with exemplary service which completely aligns with our values. By becoming a member of forces we shall be effectively positioned to attain nice issues and higher serve Ferrante’s present and future purchasers.”
“We’re actually excited and assured that becoming a member of ALKEME will enable us to be higher geared up to serve our purchasers with new, progressive options,” stated Frank Ferrante, President of Ferrante Insurance coverage Companies. “ALKEME’s confirmed progress platform and superb sources had been a no brainer after we had been on the lookout for a accomplice to assist safe the way forward for our company.”
ALKEME is a full-service insurance coverage company offering companies and people with an in depth array of business and private insurance coverage, worker and government advantages, retirement and wealth administration companies. Since its founding in 2020, ALKEME has accomplished over 40 acquisitions and serves its prospects from over 35 areas in 16 states.
In January 2024, ALKEME acquired Beveridge & Akers Insurance coverage Group, a US-based retail insurance coverage company and wealth administration firm.
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The deal goals to boost ALKEME’s danger administration and wealth administration choices throughout the japanese US.
Monetary particulars of the deal weren’t disclosed.
Beveridge & Akers Insurance coverage Group’s experience covers a spread of merchandise together with auto, house and enterprise insurance coverage, with a deal with non-profits and owners associations.
Moreover, it gives group well being and life insurance coverage, alongside a set of wealth administration companies.
