Alera Group Acquires Pennsylvania’s Capital Region Benefits
Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Capital Region Benefits, effective November 1, 2019.
Capital Region Benefits, an independent insurance agency located in Camp Hill, Penn., has provided group benefit insurance services to Central Pennsylvania employers since 2004. The agency also provides health reimbursement arrangement (HRA) and COBRA administrative services to both employers and other broker partners and is the national third-party administrator for VBA, a Pittsburgh-based non-profit vision preferred provider organization that delivers cost contained group vision benefits.
Capital Region Benefits joins Alera Group through AIA, Alera Group. The agency’s employees will continue serving clients in their current roles. Terms of the transaction were not disclosed.
Based in Deerfield, Ill., Alera Group’s more than 1,800 employees serve thousands of clients nationally in employee benefits, property and casualty, risk management and wealth management.
Source: Alera Group
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