Alera Group has acquired Georgetown Insurance Service, an independent insurance agency in Silver Spring, MD.
Terms of the transaction were not disclosed.
Georgetown Insurance has been serving clients in and around the state of Maryland for decades, a release said. The agency has worked closely with clients from the construction, manufacturing, real estate and transportation industries, providing “specialty offerings and enhanced services.”
“Georgetown Insurance Service, led by Remmie Butchko, is a fantastic addition to Alera Group as we continue to serve clients and enhance their experience with Alera Group,” commented CEO Alan Levitz. “We are excited to welcome Remmie and the entire team as Alera Group’s first P&C firm in the greater Washington, D.C. area.”
“Georgetown Insurance Service has been focused on building lasting local relationships with our clients while serving them with unparalleled service. Becoming an Alera Group company allows us to continue on that path, now with more resources than ever before,” said Georgetown Insurance CEO Remmie Butchko, who added that he looks forward to the collaboration ahead.
Following the transaction, the Georgetown Insurance team will continue serving clients in their current roles.
Read more: Alera Group snaps up PA agency
Last month Alera Group made two acquisitions: Fall River Employee Benefits in Colorado and the Pennsylvania-based Trilogy Group Benefits.
