The ALS Group
The ALS Group is an independent, fee-based risk management consultancy advising real estate developers, lenders, institutional investors, and corporate clients on insurance program design, COI compliance, ERM, and M&A due diligence without selling insurance products.
- Company typePrivate
- Founded1993
- HeadquartersWoodbridge, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What The ALS Group does
The ALS Group is an independent, fee-based risk management and insurance advisory consultancy founded in 1993 by Albert Sica and headquartered in Woodbridge, New Jersey, with a regional office in Boca Raton, Florida. The firm serves real estate developers, lenders, owners, institutional investors, and global corporate clients, advising on insurance program design, certificate of insurance (COI) compliance, enterprise risk management, and M&A insurance due diligence. Critically, ALS does not sell insurance products, positioning it as an unbiased advisor rather than a broker — a structural distinction that removes commission-driven conflicts of interest common in the brokerage industry.
The firm's core offering combines senior human advisory (anchored by Sica's 35+ years of experience and CRIS designation) with technology-enabled compliance tooling through its RiskComply partnership, which delivers a COI database with OCR-based document capture for clients managing large vendor, tenant, and contractor populations. The business model is fee-based advisory and managed compliance, with multi-year engagements that embed ALS into client risk workflows. The firm reports managing more than $250 million in client premium volume globally, including a 350+ property engagement with a New York-based tax syndicator. ALS is privately held by its founder, has not raised external capital, and operates with a small professional staff (11–50 employees), consistent with a boutique consultancy that has scaled by reputation and tenure rather than headcount.
The ALS Group firmographics
Firmographics- Name
- The ALS Group
- Legal name
- The ALS Group
- Website
- https://thealsgroup.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The ALS Group is an independent, fee-based risk management consultancy advising real estate developers, lenders, institutional investors, and corporate clients on insurance program design, COI compliance, ERM, and M&A due diligence without selling insurance products.
- Ownership category
- akta.pro rank
The ALS Group industry classification
Industry- Product category
- Risk Management Consulting
- NAICS
- Management Consulting Services (54161), Other Insurance Related Activities (52429)
- SIC
- Services-Management Consulting Services (8742), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Captive Insurance Advisory & Management (FSAEADAF)
Keywords
Where The ALS Group is headquartered
LocationHeadquarters
- HQ city
- Woodbridge
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
The ALS Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Risk Management Advisory & Consulting Fees: The ALS Group operates as an independent, fee-based consulting firm that does not sell insurance, ensuring unbiased advice. Revenue is generated through consulting fees for services including risk management assessments, enterprise risk management, COI compliance services, due diligence reviews, and insurance program optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom professional consulting engagements tailored to client needs |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
The ALS Group product offering
Product offeringCore offering
The ALS Group is an independent, fee-based corporate risk management consultancy that advises business owners, lenders, and institutional investors on insurance and risk-related decisions without selling insurance. The firm delivers services including risk management assessments, insurance program optimization, certificate of insurance (COI) compliance management via its proprietary RiskComply database, enterprise risk management framework development, transaction due diligence reviews, broker selection support, and claims management review.
Product overview
The ALS Group is a Corporate Risk Management Consultancy & Advisory Firm providing independent, fee-based risk management consulting services. The firm offers a portfolio of advisory services rather than a software product platform. Core offerings include Risk Management Assessment Services (analyzing organizational risk exposures and insurance coverage gaps), Insurance Program Optimization (strategic analysis to close coverage gaps and reduce total cost of risk), Vendor/Contractor Compliance Management (COI compliance monitoring), Transaction Due Diligence (for M&A and other transactions), Broker Selection & Review, Claims Management Review, and Total Cost of Risk Assessment. The company does not sell insurance products, positioning itself as an independent advisor focused on protecting owners, lenders, and investors.
Differentiator
Problem solved
Functional benefit
Products and services
- Risk Management Assessment
- Insurance Tracking & Certificate Compliance Services (COI Compliance)
- Enterprise Risk Management (ERM)
- Insurance Tender, Proposal Review and Coverage Placement
- Transactions & Due Diligence Reviews
- Total Cost of Risk (TCoR) Assessment
- Claims Management Review
Companies that use The ALS Group
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
The ALS Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
The ALS Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RiskComplycoreRiskComply is a COI compliance software partner that provides the technology platform for The ALS Group's vendor insurance compliance management services. The ALS Group uses RiskComply's automation and OCR capabilities to efficiently process certificates of insurance and policy endorsements for client vendor compliance programs.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
The ALS Group competitors and assessment
Company assessmentBroad incumbents
- Aon Risk Solutions: Aon's dedicated risk advisory and consulting practice serves enterprises with ERM, transaction due diligence, and analytics comparable to ALS's offerings, but with global scale and bundled placement services.
- Marsh Risk Consulting: Risk advisory arm of Marsh, the world's largest insurance broker. Comparable because it sells independent-style risk consulting, COI analytics, and ERM services to large corporate buyers overlapping with ALS's enterprise client base—though operating as part of a much broader brokerage.
- Arthur J. Gallagher & Co. (Gallagher): Global insurance broker with a sizeable risk management consulting practice serving mid-market and enterprise clients across real estate, construction, and financial services—directly comparable client verticals and service overlap with ALS.
- WTW (Willis Towers Watson) Risk & Analytics: Provides risk consulting, analytics, and insurance advisory to mid-to-large enterprises—overlapping with ALS's niche in RE and construction—but typically alongside large brokerage placements.
- Lockton Companies: Largest independent insurance broker globally, with strong construction and real estate practices offering risk advisory and analytics that overlap with ALS's independence-focused positioning.
Direct peers
- Risk Strategies Company: Specialty insurance brokerage and risk consulting serving real estate, construction, and financial institution clients—closely aligned with ALS's COI compliance, due diligence, and ERM offerings.
- Beecher Carlson: Specialty insurance brokerage and risk advisory focused on construction, real estate, and financial services—offering COI compliance, claims management, and risk consulting directly comparable to ALS's service mix.
- EPIC Insurance Brokers & Consultants: Mid-market specialty insurance brokerage and risk advisory with property, construction, and real estate practices that overlap with ALS's verticals and client types.
- NFP (an Aon company): Mid-market insurance services firm providing risk management consulting, COI compliance, and property/casualty advisory to real estate, construction, and institutional clients—closely aligned with ALS's vertical focus and engagement model.
Regional players
- Brown & Brown Insurance: U.S. insurance brokerage with strong construction and real estate segment expertise and growing risk consulting services—comparable in target verticals and mid-market customer profile to ALS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
The ALS Group social profiles
Digital presenceThe ALS Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The ALS Group leadership team
Management profileNumber of profiles
Profiles1 record
The ALS Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The ALS Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The ALS Group
What does The ALS Group do?
The ALS Group is an independent, fee-based corporate risk management consultancy that advises business owners, lenders, and institutional investors on insurance and risk-related decisions without selling insurance. The firm delivers services including risk management assessments, insurance program optimization, certificate of insurance (COI) compliance management via its proprietary RiskComply database, enterprise risk management framework development, transaction due diligence reviews, broker selection support, and claims management review.
Is The ALS Group a public or private company?
The ALS Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The ALS Group founded?
The ALS Group was founded in 1993. It employs 11 to 50 people.
Where is The ALS Group based?
The ALS Group is headquartered in Woodbridge, United States, in the North America region.
How does The ALS Group make money?
One revenue line is on record: risk Management Advisory & Consulting Fees.
Who are The ALS Group's main competitors?
Broad incumbents on record are Aon Risk Solutions, Marsh Risk Consulting, Arthur J. Gallagher & Co. (Gallagher), WTW (Willis Towers Watson) Risk & Analytics and Lockton Companies. Direct peers are Risk Strategies Company, Beecher Carlson, EPIC Insurance Brokers & Consultants and NFP (an Aon company). Brown & Brown Insurance is listed as a regional player.
Does The ALS Group have an API?
No public API is recorded for The ALS Group.
What industry is The ALS Group in?
The ALS Group's product category is Risk Management Consulting. Its primary akta.pro industry code is FSAEADAF, Captive Insurance Advisory & Management. Its NAICS code is 54161 and its SIC code is 8742.