Jim Blue, the president of Alera Group, will become the company’s CEO effective Jan. 1, Alera announced in a news release on Sept. 3.
He will succeed Alan Levitz, who will become the company’s first executive chairman.
Blue joined Alera as president in 2018, one year after the financial services company was founded.
“As I step into the role of CEO, I’d like to recognize all that Alan has done to build Alera Group’s strong foundation,” Blue said in the news release.
Under Levitz’s long-time leadership, Alera grew from $150 million in revenue to almost $1.4 billion this year, the news release said.
Alera Group provides property and casualty insurance, employee benefits as well as wealth and retirement plan services to clients nationwide.
