Alera Group, a leading national insurance firm, today announced its acquisition of Phalanx Healthcare Solutions (Phalanx), effective March 1, 2019.
Located in New York City, Phalanx is a leading insurance and reinsurance broker of medical malpractice insurance for healthcare facilities, large physician groups, and individual physicians predominately in New York and New Jersey. With over 10 years of experience in one of the most prominent med-mal markets in the United States, the firm focuses on finding solutions for their clients, including insurance and reinsurance structures, captives, self-insurance plans, insured trusts, and risk retention programs.
The comprehensive experience of the Phalanx team creates distinctive expertise in highly specialized, complex formations and deal structures, making their team a trusted authority in the market and reliable partners for healthcare clients throughout the region.
“We are excited to welcome Phalanx to Alera Group. The addition of their med-mal expertise, particularly throughout the Mid-Atlantic region, compliments our practice in the west and the Midwest,” said Alan Levitz, CEO of Alera Group. “The Phalanx team combines professionalism, collaboration and industry experience to create exceptional outcomes for their clients. This approach is aligned with Alera Group’s goal to create exceptional client experiences throughout the region and across the nation.”
“As part of Alera Group, our team will be able to expand our dynamic and highly analytical approach through a network of national resources and partners to meet the complex and evolving needs of our clients,” said Paul Curtis, Managing Partner of Phalanx. “We are excited to be an Alera Group company and look forward to our future collaboration.”
All Phalanx employees will continue operating out of the firm’s existing location under the name Phalanx Healthcare Solutions, an Alera Group Agency.
Alera Group was formed in early 2017 and is one of the nation’s foremost independent insurance agencies.
Source: Company Press Release