ALKEME continues M&A spree

ALKEME continues M&A spree | Insurance Business America

Insurance News

ALKEME continues M&A spree

Acquired business specializes in Florida Blue products

Insurance News

By
Terry Gangcuangco

ALKEME, which recently snapped up Hardwick Insurance and InsurePro, has now added Florida Blue expert agency Summit Insurance Group to its roster of acquired firms.

Summit, located in Coral Springs, Florida, has earned a solid reputation as a reliable provider of health insurance solutions. With over three decades of combined experience, the team serves more than 7,000 Floridians with a focus on Florida Blue (Blue Cross and Blue Shield) products.

The agency’s services also extend beyond Florida, covering North Carolina, South Carolina, Georgia, Virginia, and Texas.

Curtis Barton (pictured), chief executive of ALKEME, commented: “We are excited to have Summit join the ALKEME family and add to our presence in the Southeast. Their deep expertise in Florida Blue products and their commitment to client service aligns perfectly with our mission to provide comprehensive insurance solutions.

“This acquisition allows us to expand our reach and better serve the growing Medicare and health insurance market in Florida.”

Jon Wood, co-founder of Summit, echoed these sentiments. “Joining forces with ALKEME opens up exciting opportunities for our team and our clients,” he said. “This partnership will allow us to continue our tradition of excellence while exploring new growth opportunities.”

Since 2020, ALKEME has already completed more than 40 acquisitions. In June, when the company’s purchase of Hardwick Insurance was announced, Barton pointed to ALKEME’s widening reach.

“We are excited to expand our footprint into the southern US with Hardwick Insurance,” the CEO noted at the time. “Their specialization in insuring religious organizations complements our broad range of insurance offerings, and we look forward to helping them gain a larger footprint.”

A full-service insurance agency, ALKEME operates from over 35 locations in 16 states. It offerings span commercial and personal insurance, employee and executive benefits, as well as retirement and wealth management services.

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