Home Insurance Law ALKEME acquires Ferrante Insurance coverage Providers

ALKEME acquires Ferrante Insurance coverage Providers

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ALKEME acquires Ferrante Insurance coverage Providers

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ALKEME has expanded its Northern California footprint with the acquisition of Ferrante Insurance coverage Providers.

Ferrante was based in 1996 and is a retail insurance coverage company specialising in business threat options to contractors.

“We’re actually excited to welcome Ferrante Insurance coverage Providers and their rising Northern California follow to the ALKEME household” mentioned 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 permit us to be higher geared up to serve our purchasers with new, modern options,” mentioned Frank Ferrante, President of Ferrante Insurance coverage Providers. “ALKEME’s confirmed progress platform and wonderful assets had been a no brainer after we had been in search of a associate 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 economic 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 places 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 threat 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, residence and enterprise insurance coverage, with a concentrate on non-profits and owners associations.

Moreover, it affords group well being and life insurance coverage, alongside a set of wealth administration companies.


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