Our Areas of Expertise
Employee Benefits
Optimized solutions to help grow and protect your business.
Personal partnerships in finance, compliance, technology, communications and more.
National collaboration across market segments, industries and practice areas.
Human Resources
Helping organizations and their people perform at their best through leading-edge HR strategies, solutions and services.
Planning for individuals, families, business owners, non-profits and foundations.
Property and Casualty
Products, tools and services that help you mitigate risk, control costs and protect what matters most.
Industry expertise.
Risk management and consulting.
Claims advocacy and management.
Retirement Plans & Wealth Services
Plan design and servicing of 401(k), profit sharing, defined benefit, cash balance, 403(b), 457, PEP and deferred compensation offerings.
Solutions that meet unique needs and satisfy fiduciary responsibilities.
Corporate News
Alera Group Expands in Massachusetts
Deerfield, IL (October 24, 2024) — Alera Group, a top national insurance and financial services firm, announced today an expansion of its Massachusetts presence with the acquisitions of Pittsfield, Massachusetts-based Berkshire Fairfield Insurance Agency and Scarafoni Financial Group (ST Insurance). The addition expands Alera Group’s work in Employee Benefits, Property and Casualty Insurance and Retirement Plan Services.
Read More
P&C Market Update: U.S. Insurance Industry Shows Signs of Stabilization Amidst Varied Challenges
Deerfield, IL (September 10, 2024) — Alera Group’s 2024 Property and Casualty Market Update
reveals that the U.S. insurance market is beginning to stabilize, reflecting a shift from the previous period of volatility.
Read More
Alera Group Acquires Advanced Capital Group
Alera Group, a top national insurance and financial services firm, announced today the acquisition of Minnesota-based Advanced Capital Group (ACG). The acquisition adds $24 billion in retirement plan and wealth assets.
Read More
THOUGHT LEADERSHIP
Corporate Insights
Employee Benefits
Are You Prepared to Comply With the New Mental Health Parity Final Rule in 2025?
On September 9, 2024, the DOL, IRS and HHS released a final rule for the Requirements Related to the Mental Health Parity and Addiction Equity Act (MHPAEA Final Rule). The MHPAEA Final Rule is similar to the proposed rule released on July 25, 2023, with some marked differences. While the MHPAEA Final Rule is effective as of November 22, 2024, the requirements become enforceable at different times. Most apply to plan years beginning on or after January 1, 2025, with other requirements becoming enforceable for plan years beginning on or after January 1, 2026.
October 25, 2024
Learn More
Employee Benefits
Legal Alert: IRS Adjusts Health Flexible Spending Account and Other Benefit Limits for 2025
On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024.
October 23, 2024
Learn More
Property and Casualty
5 P&C Insurance Tips for Public Sector Entities
Public sector entities — including counties, cities, town villages, local law enforcement and special service districts — offer vital services to our communities. They also face growing challenges, some from the constituencies they serve, as they navigate heightened public scrutiny, shrinking budgets and inflation. In this challenging environment, having a comprehensive property and casualty (P&C) insurance program, supported by a strong risk management strategy, is more crucial than ever.
October 8, 2024
Learn MoreInvestment advisory services offered through Alera Investment Advisors, LLC. Securities offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.