Ancora Announces Acquisition of Westlake-Based Alpha Insurance Group


Fred DiSanto, Chairman & Chief Executive Officer

Since our founding, we have worked to provide a multi-faceted service model that continues to evolve based on the needs of our clients. This commitment has led us to a new partnership, which will allow us to add valuable property and casualty (“P&C”) and health insurance solutions to our service offering.

Therefore, we are happy to announce that Ancora has acquired Alpha Property & Casualty, Inc. (“Alpha”), a licensed insurance agency in Westlake, Ohio. We have known and worked closely with the Alpha team for many years and, after extensive due diligence on both sides, have partnered with them to ensure continued excellence and continuity for our partners, our employees and, most importantly, our clients.

Alpha is a leading private insurance agency that offers a range of P&C and health insurance solutions through its relationships with top industry carriers. The company is run by three principals: Brian Spear, Kevin Neitzel and Kevin O’Brien. Each principal has over 20 years of experience working with individual and commercial clients and is supported by a deep bench of sales and operational personnel.

The benefits of this new relationship include:

  • Service Offering: We will now offer P&C and health insurance solutions, enabling us to provide more comprehensive financial expertise and client service.
  • Human Capital & Succession: We will add talented employees and future leaders to the Ancora team. This ensures service continuity and positions us to supply trusted solutions for generations to come.
  • Satellite Office: We will now have a satellite office location on the westside of Cleveland, expanding our connectivity to Northeastern Ohio.

Please know that our office will continue to serve you, led by your existing relationship team. This new venture will provide you with access to an even larger group of professionals who share the same passion for delivering excellent service.

As always, we would like to thank you for being a part of the Ancora family. We are thrilled to share this news and look forward to expanding our work together. Please do not hesitate to reach out to your Ancora team if you have questions or if we can assist you, your family or your business in any way.

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