National insurance firm Alera Group has acquired risk management firm TriSure Corporation in Raleigh, NC. Terms of the transaction were not disclosed.
TriSure, established in 1999, specializes in commercial property and casualty insurance for businesses. The firm has extensive expertise in construction, commercial real estate, HOAs and bonding.
“We’re thrilled to be part of Alera Group, and look forward to collaborating with other Alera Group firms across the country,” said TriSure president John Cramer. “As part of a national organization, the depth and breadth of resources now available to our clients is exciting. We look forward to elevating their experience in the coming weeks and months.”
“TriSure is a fantastic firm, and their addition to Alera Group elevates our resources and expertise in North Carolina and the surrounding states,” added Alera Group CEO Alan Levitz. “John Cramer and the entire TriSure team are an excellent addition to Alera Group, and we welcome them as part of our national organization.”
All of TriSure’s employees will continue to operate out of the firm’s existing location. The team will operate under the name TriSure Corporation, an Alera Group Company, LLC.
Alera Group was formed in early 2017. At present, the independent insurance agency has over 1,500 employees in over 70 locations across the US.