Alera Group, a top independent, national insurance and wealth services firm, announced today that through its Propel Insurance team, they have acquired Cate-Russell Insurance, an independent insurance agency offering business, personal and benefits insurance.
“Cate-Russell Insurance has been in the insurance business for more than 40 years. We pride ourselves on our strong, long-standing relationships with some of the nation’s top-rated insurance companies and we dedicate ourselves to protecting what’s most important to our customers,” agreed Mark Russell and Leslie Cate, Owners at Cate-Russell Insurance.
Cate-Russell Insurance, based in Maryville, Tennessee, provides a variety of business insurance, personal insurance, and employee benefits solutions for clients. The Cate-Russell Insurance team specializes in providing personalized guidance to help clients find the right coverage.
“For more than four decades, Cate-Russell Insurance has consistently won awards for excellent service,” said Kurt Carlson, Managing Partner of Propel Insurance, an Alera Group company. “The team continues to go the extra mile to exceed expectations and understands what it takes to produce quality insurance solutions. We look forward to welcoming Cate-Russell Insurance to the Propel team and expanding our footprint in Tennessee.”
The Cate-Russell Insurance team will continue serving clients in their existing roles. Cate-Russell Insurance will become a division of Propel Insurance, an Alera Group company. Terms of the transaction were not announced.
Source: Alera Group
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