Alera Group Acquires Pennsylvania’s Striewig Bonding Agency

Alera Group, based in Deerfield, Ill, has acquired Striewig Bonding Agency Inc. of Wormleysburg, Penn., effective May 1, 2017. Terms of the transaction were not disclosed.

Since 1952, Striewig Bonding Agency has managed domestic and international surety programs for clients.

Following the transaction, Rob Striewig and staff will join the team at American Insurance Administrators LLC (AIA), an Alera Group Company, expanding the firm’s offerings in the surety/bonding practice. The new partnership will offer local businesses a national network of resources from Alera Group, according to Alan Levitz, CEO of Alera Group, in a company press release.

This is the latest acquisition announcement from Alera Group, as the firm focuses on growing its national footprint with partners who share in its vision of building a best-in-class company through a culture of collaboration.

Alera Group serves clients nationally in employee benefits, property and casualty, risk management and wealth management. It was created by merging 24 entrepreneurial firms across the U.S.

Source: Alera Group