Alera Group Acquires Todd Associates in Ohio

Alera Group, an employee benefits, property/casualty, retirement services and wealth management firm based in Deerfield, Ill., has acquired Todd Associates Inc. (Todd Associates), headquartered in Beachwood, Ohio.

The transaction is effective Dec. 1, 2020.

Todd Associates, founded in 1939 and operated by Ned Hyland since 1978, also has an office in Port St. Lucie, Fla. The firm provides property/casualty, professional and management liability and employee benefits products and services, with specific expertise in financial institutions, public entities, construction, manufacturing and real estate.

The Todd Associates team will continue serving clients in their existing roles. Terms of the transaction were not announced.

Source: Alera Group