Around the property and casualty insurance industry: December 22, 2021

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News from Alera, Sedgwick, Kelso & Company and more. (Photo: Shutterstock)

Alera Group acquired Burglary insurance agency, an independent insurance company providing excellent insurance services in southern New Jersey and beyond. The Heist Insurance Agency team will continue to serve clients in their current roles.

Alera Group acquired Simkiss & Block, full-service insurance and bonding brokerage, risk management consultant and financial services partner for organizations of all sizes. The Simkiss & Block team will continue to serve clients in their existing roles.

Sedgwick announced that its world-class training programs will continue to grow under the division name Sedgwick University. The company will align its in-person and virtual training courses and expand its offerings to develop, develop and attract the next generation of talent.

Kelso & Company made an investment in ReSource Pro, by taking a majority stake in the company. ReSource Pro is a market leader in business process solutions for the P&C insurance industry. The partnership between Kelso and ReSource Pro will allow the company to pursue its long-term growth strategy, adding expertise and resources to improve customer value and expand its global operations.

Golden Insurance in partnership with Coterie Insurance add their small business insurance offerings to the Gild Insurance portfolio. The companies have a common goal of expanding access to insurance for small businesses and quickly insuring entrepreneurs and business owners, through strategic partnerships.

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