ALKEME Insurance Expands Portfolio with Strategic Acquisitions
ALKEME Insurance, a leading brokerage based in Ladera Ranch, California, has strategically expanded its portfolio by acquiring five insurance agencies in the last quarter. This bold move is aimed at enhancing their property and casualty insurance offerings and strengthening their employee benefits services across the United States. Such expansion efforts highlight ALKEME's commitment to meeting industry demands while navigating complex regulatory compliance requirements.
Curtis Barton, CEO of ALKEME Insurance, expressed enthusiasm about the acquisitions, noting the integration of advanced property and casualty services in key locations, including Indiana, New Jersey, California, and Florida. Barton emphasized that the acquired expertise from Health Connect will be instrumental in expanding their national influence yet retaining the local connections and entrepreneurial vitality that characterize these partner agencies. The focus remains on developing robust networking and underwriting practices amid evolving regulatory landscapes.
While the specific financial terms of these deals remain undisclosed, the acquisitions signify a significant growth phase for ALKEME, which currently ranks 21st in the Insurance Journal’s Top 100 Independent Property/Casualty Agencies. With property and casualty revenue totaling $265 million, ALKEME continues to advance its national presence through strategic acquisitions, aimed at amplifying service capabilities and offering enhanced value to its clients. The moves are part of a broader risk management strategy to cement their standing in the industry.