Alera Group Acquires Illinois’ Professional Liability Broker, Flagship Healthcare

Deerfield, Illinois-based Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Flagship Healthcare, a physician-owned insurance brokerage specializing in professional liability insurance solutions for healthcare providers.

Located in Chicago, Flagship Healthcare strives to educate and collaborate with each of their clients, meeting their individual malpractice insurance needs. Flagship Healthcare will join Alera Group through the local firm GCG Financial in Chicago.

The Flagship Healthcare acquisition is one of three completed by Alera Group on Nov. 1. Alera also has acquired HealthFirst, which specializes in cost management, benefit administration technology, monthly reporting, compliance support and HR support, and Somerset Capital Advisors, which offers investment advisory services utilizing the industry’s best technology and products. HealthFirst and Somerset Capital are located in Berwyn, Pennsylvania.

Source: Alera Group

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