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You are here: Home / Insurance News | Massachusetts / Insurance Agencies | Mergers & Acquisitions / It’s Official: Alera Group Has Acquired Kaplansky Insurance

It’s Official: Alera Group Has Acquired Kaplansky Insurance

February 14, 2025 by AC Editor


Kaplansky Insurance is one of the largest independent agencies in Mass.

Top national insurance and financial services Alera Group announced this week that it officially acquired Needham-based Kaplansky Insurance Agency effective January 1, 2025.

“We’re incredibly excited to welcome Kaplansky Insurance Agency to Alera Group,” said Jim Blue, CEO of Alera Group. “With every acquisition, we’re committed to growing our team with highly trusted and qualified advisors who put clients first, and the Kaplansky team lives those values every day.”

Kaplansky Insurance Agency will continue serving clients in their existing roles. The partnership significantly adds to Alera Group’s presence in the Massachusetts insurance marketplace, with the addition over 100 qualified and capable agents. Founded in 1974, Kaplansky has grown into one of the largest privately held insurance agencies in the Northeast. Its team works closely with clients to help them make informed decisions when it comes to protecting their future. Over the last 50 years, Kaplansky has completed 53 acquisitions, expanded into 18 locations and welcomed over 50,000 clients.

No further terms of the transaction were announced. MarshBerry Capital, an investment banking and consulting firm, acted as the exclusive financial advisor to Kaplansky Insurance Agency in the transaction.

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