Privately held brokerage firm Threat Methods has acquired New York-based full-service retail insurance coverage company Robert Alan Company for an undisclosed sum.
Established in 1980, Robert Alan Company is engaged in offering private and business strains of insurance coverage to purchasers positioned in Connecticut, New York, and Pennsylvania.
With a number of workplaces within the US, the corporate’s private strains protection consists of private auto and owners.
Moreover, the company gives business strains protection together with enterprise proprietor’s packages and business auto, along with life and well being merchandise.
Threat Methods New York regional chief Robert Rosenzweig mentioned: “Our efforts to construct out a spread of deep experience in insurance coverage product strains and industries that matter to purchasers and prospects shall be tremendously enhanced with the addition of Robert Alan Company.
“This can be a various and difficult space requiring progressive approaches to threat and legal responsibility. We’re excited to welcome Bob and his group to the Threat Methods household.”
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Threat Methods mentioned the acquisition of Robert Alan will assist develop its footprint in Rockland County, New York, and strengthen its upstate operations.
Robert Alan Company founder Bob Carlucci mentioned: “We’ve got an ideal group, and nice purchasers in an ideal area. We’re excited to hitch Threat Methods, and see this as an actual alternative to speed up our enterprise potential and proceed with our collaborative tradition.”
Robert Alan Company appointed Helfer & Associates as unique advisor on the transaction.
A specialty insurance coverage brokerage and threat administration firm, Threat Methods is engaged in offering complete threat administration recommendation, insurance coverage and reinsurance placement for property and casualty, worker advantages and personal shopper providers.
It additionally gives consulting providers and monetary and wealth options.
