ALKEME Bolsters East Coast Operations With Wharton Lyon & Lyon Acquisition

In a significant move within the insurance sector, ALKEME, recognized among the top 40 insurance brokerages nationally, has officially acquired Wharton Lyon & Lyon. This retail insurance agency, with its headquarters in Livingston, New Jersey, extends its services across the entire Eastern United States. Established in 1912, Wharton Lyon & Lyon stands as a third-generation entity, renowned for its bespoke risk management solutions and distinctive programs.

Wharton Lyon & Lyon's offerings encompass a comprehensive range of property & casualty and life and health products. Moreover, the agency has diversified its portfolio by venturing into banking and mortgage insurance consulting through a specialized division established in 2009. Curtis Barton, CEO of ALKEME, expressed enthusiasm about the acquisition, highlighting Wharton's proficiency in enhancing their retail insurance market capabilities in New Jersey and beyond. He praised Rob Sileno and his team for their exceptional company building and the introduction of innovative niches to the ALKEME family.

Rob Sileno, President of Wharton Lyon & Lyon, reciprocated the sentiment, emphasizing the synergy between the two companies' cultures and their shared dedication to innovation. This partnership is poised to leverage their collective capabilities and knowledge for mutual growth.

ALKEME operates as a comprehensive service insurance agency catering to both businesses and individuals. It offers an extensive suite of commercial and personal insurance, alongside employee and executive benefits, retirement, and wealth management services. Since its inception in 2020, ALKEME has rapidly expanded through over 40 acquisitions, now serving clients from more than 35 locations across 16 states. Its rapid growth trajectory has earned it a spot among the largest agencies in the U.S., as ranked by Insurance Journal, and the title of the #5 fastest-growing broker by Business Insurance. ALKEME prides itself on its unique founding principles by owner/operators who envision providing partner agencies with autonomy, resources, and support essential for thriving in today's dynamic insurance landscape. For more details on ALKEME's services and operations, visit their official website.

This strategic acquisition marks a pivotal moment for both ALKEME and Wharton Lyon & Lyon as they unite their strengths to cater to a broader client base across the Eastern United States. With a shared commitment to innovation and excellence in service delivery, this partnership is set to create new benchmarks in the insurance industry.