Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of McSherry & Hudson Insurance Services, an independent, full-service insurance brokerage firm offering property and casualty, industry-specific risk management, surety, loss control, claims and employee benefits.
“McSherry & Hudson Insurance Services has been in the insurance business for more than 100 years. We’re committed to providing the best service and advice for our clients so they can protect and grow their business for future generations.” said Dave Bachan, Managing Partner at McSherry & Hudson Insurance Services.
McSherry & Hudson Insurance Services, based in Watsonville, California, provides insurance and surety services throughout the Golden State, bridging the gap between liabilities and the protection of assets in construction, agriculture, real estate and beyond. The McSherry & Hudson Insurance Services team takes great pride in understanding the ins-and-outs of commercial property insurance, partnering with clients to develop customized solutions.
“McSherry & Hudson Insurance Services has been ingrained in Central and Northern California for well over a century,” Alan Levitz, CEO of Alera Group. “The team offers strategic and targeted risk management solutions that ultimately increases the bottom-line for their clients. Their industry-specific expertise in agriculture, construction and real estate will bolster our expertise at Alera Group.”
The McSherry & Hudson Insurance Services team will continue serving clients in their existing roles. Terms of the transaction were not announced.
About Alera Group
Alera Group is an independent, national insurance and wealth management firm with more than $850 million in annual revenue, offering comprehensive employee benefits, property and casualty, retirement services and wealth management solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 3,000 professionals in more than 120 offices provides creative, competitive services that help ensure a client’s business and personal success. For more information, visit www.aleragroup.com or follow us on LinkedIn.