ALKEME acquires Sarrica Insurance coverage Group

ALKEME has introduced the acquisition of Sarrica Insurance coverage Group, a full-service company based mostly in Franklin Sq., New York. In accordance with a information launch, the acquisition marks a strategic step in increasing ALKEME’s footprint within the Northeast, whereas bolstering its experience in key area of interest markets.

Sarrica Insurance coverage Group, recognized for its proficiency in property and casualty insurance coverage, brings a specialised deal with high-net-worth private traces, industrial and residential actual property, rental associations, New York contractors, and the auto restore and collision industries. The acquisition is anticipated to reinforce ALKEME’s means to supply tailor-made insurance coverage options to those particular sectors.

“We’re thrilled to welcome Sarrica Insurance coverage Group to the ALKEME household,” mentioned Curtis Barton, CEO of ALKEME. “Their group’s intensive information in key P&C sectors aligns completely with our progress technique and dedication to offering tailor-made insurance coverage options. This acquisition not solely expands our presence within the Northeast but additionally provides helpful area of interest experience to our platform.”

Santino F. Sarrica, president of Sarrica Insurance coverage Group, expressed optimism in regards to the partnership. “Partnering with ALKEME opens up thrilling alternatives for our group and purchasers. We stay up for leveraging ALKEME’s progress platform and assets to broaden our attain whereas persevering with to ship the customized service our purchasers count on.”

ALKEME is a full-service insurance coverage brokerage. It supplies companies and people with complete insurance coverage options, in addition to retirement and wealth administration companies. Since its founding in 2020, ALKEME has accomplished over 50 acquisitions and at the moment operates from greater than 40 areas throughout 22 states.

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