NFP-backed Alterity Group completed the acquisition of CIC Group.

NFP-backed Alterity Group, a consulting firm, completed the acquisition of CIC Group, an insurance company. Financial terms were not disclosed. “We are extremely excited to welcome Tim, Gina, Chris and the entire CIC team to Alterity and NFP. CIC Group’s deep understanding of the complexities of insurance and the firm’s distinctive consultancy approach makes it a significant and valuable client resource. This acquisition expands the scope of Alterity’s capabilities beyond our core strengths in employee benefits and bolsters our client competencies with exceptional property and casualty and risk management expertise,” Sharla St. Rose, Alterity Managing Director.