Alera Group announces acquisition of John Hackney

Deal takes business's headcount to over 4,000 professionals

Alera Group announces acquisition of John Hackney

Mergers & Acquisitions

By Mary Or

Independent national insurance and wealth management firm Alera Group has acquired John Hackney Agency to increase its footprint in Raleigh, North Carolina.

Founded in 1895, John Hackney Agency has built comprehensive enterprise risk management programs for its clients, and offers services across home, auto, life, and commercial insurance in addition to financial services.   

“At John Hackney Agency, our goal has always been and will continue to be building long-term relationships with our customers, helping them solve their insurance issues, and acting as their liaison with the carrier in the event of a claim or a question with their policy,” said brothers Tom and Johnny Hackney of John Hackney Agency. They are the great-grandsons of the agency’s eponymous founder.

“Our team remains the same, and they possess deep industry knowledge and work together collaboratively to help clients solve risk management and insurance issues,” the brothers said. “Joining Alera Group will allow us to expand our capabilities and provide unmatched customized service to a larger audience.” 

Alan Levitz, the CEO of Alera Group, called John Hackney Agency a “trusted choice” among independent insurance agencies.

“The John Hackney Agency is a great addition to Alera Group,” said Levitz. “We are excited to have Tom and the team help to build our presence in North Carolina and look forward to their help as we continue to build and expand our services throughout the state.”

John Hackney Agency will be partnering with another Raleigh-based Alera Group company, TriSure, to service Alera Group’s clients across the state of North Carolina. The acquisition of John Hackney Agency closely follows Alera Group’s acquisition of Insurance Benefits by Design (IBBD), a Colorado-based insurer with a focus on personalized insurance options and superior client service.

With its latest acquisition, Alera Group’s team now consists of over 4,000 professionals in more than 180 offices nationwide and over $1 billion in annual revenue. The group offers comprehensive employee benefits, property and casualty insurance, wealth services solutions, and retirement plan services.

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