ALKEME completes acquisition of North Point Insurance Agency to enhance Northeast footprint
Acquiring Company
ALKEME Insurance
Acquired Company
North Point Insurance Agency
United StatesSt. AlbansEmployee BenefitsInsuranceInsuranceDescription
ALKEME, a Top 40 Insurance Brokerage, has strategically acquired North Point Insurance Agency, a renowned family-owned agency with specialized focus on property and casualty, as well as personal insurance. This strategic acquisition marks a significant milestone in ALKEME's expansion strategy and strengthens its position in the property and casualty insurance market by opening up new niches.
Quick answer
ALKEME Insurance is acquiring North Point Insurance Agency, announced September 5, 2024. ALKEME Insurance is based in United States.
- How much did ALKEME Insurance pay for North Point Insurance Agency?
- The deal value was not disclosed.
- What does ALKEME Insurance do?
- ALKEME is a full-service insurance agency providing businesses and individuals with an extensive array of commercial and personal insurance, employee and executive benefits, retirement and wealth management services.
- Where are ALKEME Insurance and North Point Insurance Agency based?
- ALKEME Insurance is based in United States. North Point Insurance Agency is based in St. Albans, Vermont, United States.
- Who are the decision-makers at ALKEME Insurance?
- Fundz holds 1 contact at ALKEME Insurance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Employee Benefits and Insurance
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- Hub International Limited acquires Insurance Management Company to strengthen commercial insurance and risk management capabilities (August 6, 2024)
- Specialist Risk Group acquires HL Suntek Insurance Brokers Pte. Ltd. as part of its Asia Pacific expansion (October 15, 2024)
- Republic Financial completes acquisition of SLP Financial, expanding product portfolio with mortgage protection services (October 9, 2024)
- EPIC completes acquisition of TDC Life, expanding life and executive benefits platform (October 1, 2024)
- The Yurconic Agency completes acquisition of J L Davis Insurance Agency to expand its footprint (September 6, 2024)
- Hub International Limited acquires assets of Flexible Benefits Plans, Inc. to enhance employee benefits and general agency services in Pennsylvania (September 5, 2024)
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Frequently asked
Who acquired North Point Insurance Agency?
North Point Insurance Agency was acquired by ALKEME Insurance, based in United States. The deal was reported on September 5, 2024. ALKEME is a full-service insurance agency providing businesses and individuals with an extensive array of commercial and personal insurance, employee and executive benefits, retirement and wealth management services. ALKEME Insurance is privately held and operates in Employee Benefits.
When did ALKEME Insurance acquire North Point Insurance Agency?
ALKEME Insurance's acquisition of North Point Insurance Agency was reported on September 5, 2024. ALKEME, a Top 40 Insurance Brokerage, has strategically acquired North Point Insurance Agency, a renowned family-owned agency with specialized focus on property and casualty, as well as personal insurance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does North Point Insurance Agency do?
North Point Insurance Agency is a renowned family-owned agency with specialized focus on property and casualty, as well as personal insurance. It is privately held, operating in Insurance, and is based in St. Albans.
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