This acquisition is part of ALKEME’s strategic plan to diversify its portfolio and enhance its position in the insurance sector. Credit: Summit Art Creations/Shutterstock.

ALKEME, a US insurance broker, has announced the acquisition of Ralph Weiner & Associates to broaden its service offerings and strengthen presence in the US Midwest.  

The financial terms of the transaction were not disclosed.  

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Ralph Weiner & Associates, established in 1951 and based in Wheeling, Illinois, focuses on the long-term healthcare facility.  

This acquisition is part of ALKEME’s strategic plan to diversify its portfolio and enhance its position in the insurance sector. 

ALKEME said the integration of Ralph Weiner & Associates brings executive leadership, staff and a client-centric approach under the ALKEME brand, bolstering its position as a provider of comprehensive insurance solutions.  

ALKEME CEO Curtis Barton said: “We are thrilled to welcome Ralph Weiner & Associates into the ALKEME family. Their deep-rooted and long-standing commitment to client satisfaction and their extensive experience in the long-term healthcare sector perfectly complement our values and strategic goals. Adding resources will ensure that Gary Weiner as president and his entire staff continue to grow and expand their offerings.” 

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Weiner added: “We are excited about this new chapter with ALKEME. Joining forces with ALKEME allows us to continue our tradition of delivering exceptional service while offering our clients access to a wider range of resources and expertise.” 

Earlier this year, ALKEME expanded its operations in northern California through the acquisition of Ferrante Insurance Services, a company specialising in commercial risk solutions for contractors, founded in 1996. 

In January, ALKEME acquired Beveridge & Akers Insurance Group, a retail insurance agency that offers a variety of products including auto, home and business insurance with a special focus on non-profits and homeowners associations.