News Release: 7/11/2017

Group Benefits LLC Merges its Practice into Alera Group
Local firm poised for continued growth over next decade
 
Memphis-based Group Benefits LLC announced that it has merged its practice into Alera Group, an independent national insurance brokerage and wealth management firm with more than 40 locations across 15 states. Group Benefits LLC will combine forces with the 24 other firms that make up Alera Group while maintaining their local identity as a separate subsidiary.
 
“We’re honored to be an Alera Group company, which will allow us to provide our clients with the resources and best practices of a national firm while maintaining our local, personal service,” said Tim Finnell, president of Group Benefits LLC. “We look forward to leveraging the collective knowledge and experience of our peer member companies to the benefit of our valued clients.”
 
With over 750 employees serving more than 20,000 clients nationally, Alera Group has continued to grow since its debut in 2016. Alera Group offers expertise in employee benefits, property and casualty insurance, risk management and wealth management. The unique approach of Alera Group combines national resources and best practices with the personal, localized service of each individual firm.
 
“We’re excited to welcome the Group Benefits LLC team to Alera Group. Their strong middle market presence in Memphis is a significant addition to Alera Group as we continue to expand nationally,” said Alan Levitz, CEO of Alera Group. “Tim Finnell and the Group Benefits LLC team operate in a collaborative manner that is consistent with our culture and vision.”
 
Group Benefits LLC has provided innovative employee benefits solutions since its inception in 2009. Their team of professionals is dedicated to designing and implementing programs that provide financial security, best-of-breed health plan options, increased productivity and work/life balance.
 
Terms of the transaction were not disclosed.
 
About Alera Group
Based in Deerfield, IL, Alera Group’s over 750 employees serve more than 20,000 clients nationally in employee benefits, property and casualty, risk management and wealth management. Alera Group was created by merging 24 high-performing, entrepreneurial firms across the U.S. It is the 14th largest independent insurance agency and the 7th largest independent employee benefits firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS
 
About Group Benefits LLC:
Group Benefits LLC is a Memphis-based benefits broker and consulting firm with access to national resources and support via its affiliation with Alera Group. Group Benefits LLC specializes in guiding clients to make informed, sound decisions related to employee benefits, compliance and health care reform. For more information, visit www.groupbenefitsllc.com.
 
Media Contacts: 
Alera Group: Rob Lieblein, Chief Development Officer, 717-329-2451, rob.lieblein@aleragroup.com
Group Benefits LLC: Beth Okeon, Public Relations, 901-409-7607, beth@abomarketing.com