SIG, an employee benefits firm in Pikesville, is among 24 insurance firms joining under one name, Alera Group.
Through the deal, SIG will maintain its local independence while gaining access to a national network of resources and expertise for clients, Founder and President Richard Silberstein said in a statement.
"Our new partnership with Alera will allow SIG to elevate its client services, grow its expertise, and offer more thought leadership to the local market — all while staying true to our values and cornerstones of being trusted advisors in our community and providing an exceptional client experience," he said.
Alera Group is based in Deerfield, Ill., and has more than 750 employees across its 24 member firms. The combined organization will have 20,000 clients and 40 offices across 15 states.
Silberstein will maintain his leadership role at the company, which will continue operating out of its Baltimore County office. All 52 of the company's employees are expected to stay on.
Financial terms of the deal were not disclosed.
Given what Silberstein Insurance Group does for other businesses, it’s only fitting that the company is itself seen as a great place to work.
A new entrant in The Baltimore Sun’s Top Workplaces list, SIG is an insurance and employee benefits firm that provides medical, dental, vision and life insurance, plus disability plans, employee assistance programs, health savings accounts and other benefits. Its founder, Richard Silberstein, is the son of a physician. He didn’t want to become a doctor himself, but he still hoped to help others.
Given what Silberstein Insurance Group does for other businesses, it’s only fitting that the company is itself seen as a great place to work.
A new entrant in The Baltimore Sun’s Top Workplaces list, SIG is an insurance and employee benefits firm that provides medical, dental, vision and life insurance, plus disability plans, employee assistance programs, health savings accounts and other benefits. Its founder, Richard Silberstein, is the son of a physician. He didn’t want to become a doctor himself, but he still hoped to help others.
sarah.gantz@baltsun.com
twitter.com/sarahgantz
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