Kaplansky Insurance coverage is without doubt one of the largest unbiased companies in Mass.
High nationwide insurance coverage and monetary providers Alera Group introduced this week that it formally acquired Needham-based Kaplansky Insurance coverage Company efficient January 1, 2025.
“We’re extremely excited to welcome Kaplansky Insurance coverage Company to Alera Group,” mentioned Jim Blue, CEO of Alera Group. “With each acquisition, we’re dedicated to rising our staff with extremely trusted and certified advisors who put shoppers first, and the Kaplansky staff lives these values day by day.”
Kaplansky Insurance coverage Company will proceed serving shoppers of their current roles. The partnership considerably provides to Alera Group’s presence within the Massachusetts insurance coverage market, with the addition over 100 certified and succesful brokers. Based in 1974, Kaplansky has grown into one of many largest privately held insurance coverage companies within the Northeast. Its staff works intently with shoppers to assist them make knowledgeable selections with regards to defending their future. During the last 50 years, Kaplansky has accomplished 53 acquisitions, expanded into 18 places and welcomed over 50,000 shoppers.
No additional phrases of the transaction have been introduced. MarshBerry Capital, an funding banking and consulting agency, acted because the unique monetary advisor to Kaplansky Insurance coverage Company within the transaction.
