ALKEME, a US insurance coverage dealer, has introduced the acquisition of Ralph Weiner & Associates to broaden its service choices and strengthen presence within the US Midwest.
The monetary phrases of the transaction weren’t disclosed.
Ralph Weiner & Associates, established in 1951 and primarily based in Wheeling, Illinois, focuses on the long-term healthcare facility.
This acquisition is a part of ALKEME’s strategic plan to diversify its portfolio and improve its place within the insurance coverage sector.
ALKEME stated the mixing of Ralph Weiner & Associates brings govt management, employees and a client-centric strategy underneath the ALKEME model, bolstering its place as a supplier of complete insurance coverage options.
ALKEME CEO Curtis Barton stated: “We’re thrilled to welcome Ralph Weiner & Associates into the ALKEME household. Their deep-rooted and long-standing dedication to consumer satisfaction and their intensive expertise within the long-term healthcare sector completely complement our values and strategic targets. Including assets will be sure that Gary Weiner as president and his total employees proceed to develop and broaden their choices.”
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Weiner added: “We’re enthusiastic about this new chapter with ALKEME. Becoming a member of forces with ALKEME permits us to proceed our custom of delivering distinctive service whereas providing our purchasers entry to a wider vary of assets and experience.”
Earlier this 12 months, ALKEME expanded its operations in northern California via the acquisition of Ferrante Insurance coverage Companies, an organization specialising in industrial threat options for contractors, based in 1996.
In January, ALKEME acquired Beveridge & Akers Insurance coverage Group, a retail insurance coverage company that gives quite a lot of merchandise together with auto, house and enterprise insurance coverage with a particular give attention to non-profits and owners associations.
