Deerfield, Ill.-based insurance and wealth management firm, Alera Group, has acquired AGM Benefit Solutions, a provider of voluntary benefits, enrollment services and benefits technology headquartered in Baton Rouge, Louisiana.
AGM Benefit Solutions provides its products and services to clients nationwide. AGM’s expertise in voluntary benefits allows brokers and employers to enhance their benefit offerings. The firm’s one-stop benefits portal gives employers full control over employee enrollments from initiating and completing enrollments, to running reports, processing life events, terminations and managing COBRA. Company employees also have access to a personal portal where they can enroll online, make changes, access forms and documents and review benefits at any time.
The AGM Benefit Solutions team will continue serving clients in its existing roles.
Terms of the transaction were not disclosed.
Source: Alera Group
Topics Mergers & Acquisitions Louisiana
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