Alera Group snaps up prominent NY med-mal broker

National insurance firm Alera Group has announced the acquisition of prominent medical malpractice insurance and reinsurance broker Phalanx Healthcare Solutions. Based in New York, Phalanx provides medical malpractice insurance for healthcare facilities, large physician groups, and individual physicians in the New York and New Jersey area. The firm offers insurance and reinsurance structures, captives, self-insurance plans, insured trusts, and risk retention programs. In a statement, Alera emphasized Phalanx’s expertise in highly specialized, complex formations and deal structures. It added that all Phalanx employees will continue operating out of the firm’s existing location under the name ‘Phalanx Healthcare Solutions, an Alera Group Agency, LLC.’ “We are excited to welcome Phalanx to Alera Group,” said Alan Levitz, CEO of Alera Group. “The addition of their med-mal expertise, particularly throughout the Mid-Atlantic region, compliments our practice in the west and the Midwest.