Alera Group Acquires Maryland’s FNL Insurance Group

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired FNL Insurance Group, effective August 1, 2020.

For more than 40 years, FNL Insurance Group has been helping clients with their employee benefit and health care insurance needs. The firm is located in Timonium, Md., where it partners with small and mid-sized employers to develop sustainable benefits programs that support employees while keeping costs low.

Based in Deerfield, Ill., Alera Group’s more than 2,000 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management

FNL joins Alera Group through Silberstein Insurance Group (SIG), an Alera Group company. The FNL team will continue serving clients in their existing roles. Terms of the transaction were not disclosed.

Source: Alera Group

Topics Mergers & Acquisitions Maryland Employee Benefits