Árachas Group Expands Individual Life & Health Capacity with Strategic Growth Acquisition
Bartlett, Illinois (February 1, 2025) – Árachas Group, a leading provider of innovative insurance solutions, is excited to announce the acquisition of Klein Insurance Agency, an established independent insurance agency. This strategic move will further enhance Árachas Group’s ability to deliver unparalleled service and solutions to our clients, specifically in the individual life and health line.
Located in central Minnesota, Klein Insurance is led by Chris Klein, son of founder Ken Klein. The agency was founded in 1976 in Eagle Bend, Minnesota and now has five locations throughout Minnesota. Specializing in individual life & health, the addition of Klein Insurance will allow Àrachas Group to provide additional options in this space, in partnership with K & B Financial, a partner of Àrachas Group.
Chris Klein will take on a leadership role in our Medicare Division along with becoming a Partner of Àrachas Group. “The addition of Chris and Klein Insurance will not only expand our Medicare offerings in Minnesota but also help us build out our services nationwide. I am excited to bring much-needed education, service, and clarity to the senior community across the country, providing the same exceptional services that Àrachas Group has been offering locally for years.” said Bill Sullivan, CEO of Àrachas Group.
Klein Insurance brings a talented group of 12 individuals whom we are thrilled to add to our team. This young team is open-minded and tech forward and includes many who are outdoor enthusiasts.
“I’m thrilled to be joining a larger team of talented and accomplished individuals,” said Chris Klein, President of Klein Insurance. “The chance to bring our teams together to collaborate, learn from one another, and exchange insights is incredibly exciting. I’m also eager about the opportunity to contribute to the growth of the Individual Life & Health division at Àrachas Group, which holds great potential.”
About Árachas Group
Árachas Group is an independent insurance and risk management company offering business, employee benefits, and personal solutions to clients across all 50 states. Working as one to focus on the needs of our clients, Árachas Group is committed to providing a concierge client experience. For more information, visit arachasgroup.com.
Media Inquiries:
Lindsay Tintera
Vice President of Marketing
630-855-9857
ltintera@arachasgroup.com