Tesani Insurance Group has sold three of its insurance agencies to Alkeme to enable growth and reinvestment opportunities.

About the Target Agencies

Tesani Insurance Group (TIG), based in Provo, Utah, has successfully sold three of its portfolio agencies—Buie Insurance, Blue Valley Insurance, and Miller & Associates Insurance Advisors—to Alkeme, an emerging leader in the insurance brokerage industry. Buie Insurance, located in Salt Lake City, boasts over 35 years of experience and maintains a 90% client retention rate. They offer tailored, cost-effective insurance and employee benefit solutions catering to individuals, families, and businesses.

Blue Valley Insurance, based in Provo, is recognized as a community-focused independent agency. They provide personalized personal, commercial, and health insurance solutions while prioritizing strong client relationships and responsive service. Miller & Associates Insurance Advisors, situated in Orem, differentiates itself with a consultative approach, offering customized business, employee benefit, and personal insurance solutions tailored for fast-growing companies and entrepreneurs.

Industry Overview in Utah

The insurance industry in Utah has experienced significant growth in recent years, driven by an expanding economy and increasing demand for diversified coverage options. With a populatio