Alliant
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The broker will report to Howden US CEO Mike Parrish.
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The motion claims the New York court has no jurisdiction in the case.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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The $20bn+ TIV data center is seen as the leading edge of significant new demand.
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The lawsuit is the third filed by MMA against Alliant in the past year.
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The move is a retaliation to Howden’s US retail launch.
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The broker also alleges a coordinated effort undermine client confidence.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The former Hub executive has over 30 years of experience in transportation.
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Acrisure followed the recaps of Hub International and Broadstreet Partners.
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Alliant is celebrating its 100th anniversary this year, and is the ‘furthest thing from a serial acquirer,’ Greg Zimmer, CEO, Alliant, said at RISKWORLD 2025.
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Insurance Insider US explores the economics of the lift-out growth strategy.
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Executives see earnings benefits from workers’ comp beginning to diminish.
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Sources said that with the equity refinancing, Alliant secured an enterprise value of ~$25bn.
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Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO.
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A quick roundup of our best journalism for the week.
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The move follows a $4.5bn+ debt and preference share refinance in September.
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Bryan Salek and Angela Kirby will lead the new segment as SVPs.
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He brings over 25 years of experience in PE and transactions solutions.
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Rusas and Miraglia will grow Alliant’s M&A nationwide.
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The execs joined Chad Karasaki and Michael Grossi, who are heading up the new practice.
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However, the market is still struggling with excess capacity and low demand.
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A quick round-up of today’s need-to-know news, including Ryan Specialty and Skyward Specialty.
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A quick round-up of today’s need-to-know news, including Ryan Specialty, Marsh, Allstate.
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The executive’s experience centers on program design for complex risk.
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Based in Virginia, she will identify and pursue Mid-Atlantic opportunities.
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The FTC issued a final rule on April 23 banning the use of non-competes nationwide.
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Michael Smith is a former mortgage broker.
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The executive will focus on food and beverage manufacturers and distributors.
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James Lawrence brings with him thirty-five-year of insurance industry experience
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NFP claims it has so far lost five clients to Alliant, resulting in damages of $2mn.
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Challenges include integration, delevering, winning staff over and building a compelling equity story.
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Based in New York, Rosensaft will report to Alliant’s R&W head Yem Mai.
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Pestana, Spera and Edwards join Alliant Specialty from rival retailer NFP.
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April Files is based in Houston, Texas.
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Spina will be based in New York and oversee surety accounts along the East Coast.
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The executive will drive expansion in NJ and southeastern PA.
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Todd Schwartz spent over 21 years at Hilb’s Rampart Insurance Services.
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The appointment expands Alliant’s presence in the Southeast.
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In his first interview as CEO of the private brokerage, Zimmer said he will not change the DNA of the firm and that legislation around non-competes may help Alliant.
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Based in Nashville, Tennessee, Chris Meadows will focus on designing, implementing, and managing customized property and casualty insurance solutions for the broker’s Southeast client base.
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Greg Zimmer takes over from Tom Corbett, who served as Alliant’s CEO for over 30 years and will remain as executive chairman.
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Based in Irvine, California, Tyler Banks brings more than 20 years' insurance experience to the position.
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Buzz Mansfield will provide tailored P&C insurance solutions to the company’s growing southeast client base.
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Based in Jackson, Mississippi, he will provide tailored property and casualty insurance solutions to the broker’s regional client base.
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The Insurance Insider US news team runs you through some of the key M&A intelligence from the past week.
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The executive joins Alliant after 13 years at rival broker Woodruff Sawyer, where until recently he was VC and private equity leader.
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Based in San Diego, California, the executive will focus on clients across the West Coast.
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Based in Richmond, Virginia, the executive will oversee clients throughout the Metro DC/Chesapeake region.
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The executive will focus on designing and delivering insurance solutions that address existing and emerging industry risks and exposures.
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The firm has also hired William Lemos and Mike Griggs from USI, appointing them as SVP of Alliant Americas, based in Boston and Nashville, respectively.
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Based in Boston, the executive will focus on designing and delivering insurance solutions for an expanding range of clients across the Northeast.
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Scott Canales, Richard Roderick, and Greg Barnes will join as executive vice presidents, and Mark Racunas as senior vice president, of Alliant Specialty.
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California-based retailer Alliant Insurance has recruited Kurt King as SVP, to be based in Rhode Island, overseeing mid-market industrial commercial accounts in the New England region.
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The executive has prior experience at USI, WTW and Aon, where he worked for almost 12 years.
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Prior to his stint at WTW, the executive worked for three years at Aon after a seven-year spell at Marsh.
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Some carriers have already hit GWP targets for this year and are refraining from writing any new cat risks unless it fits a very favorable profile, the firm said.
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The executive joins Alliant from rival Californian broker Woodruff Sawyer, where he worked for almost 16 years and until recently served as SVP and partner.
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Marsh joins Alliant after over 16 years at Business Insurance Services, where he was an independent agent based in Hilo.
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The executive joins Alliant after over 23 years at Gallagher, where he began his broking career based in Jackson, Mississippi.
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The retailer recruited Eric Harper as EVP, managing director, Bill Havard and Steve Sclimenti as SVPs and Robert Engles as first VP.
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Based in White Plains, New York, the executive will focus on designing, implementing, and managing risk mitigation solutions and strategies for the firm’s growing client base across the Northeast region.
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Based in Irvine, California, the executive will focus on designing, implementing, and managing risk mitigation solutions and strategies for a diverse and growing client base across the state.
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Right now firms pursuing this strategy are winning, although there are some potential slow-burn issues to watch.
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The broker said it intends to vigorously defend itself against Aon’s allegations concerning the departure of fac re employees.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Aon claims that Alliant has poached around 32% of Aon’s facultative reinsurance group, including 18 of the 25 Aon employees in the casualty fac team at all levels.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The fac-focused reinsurance unit expects to expand into treaty over the next year and attract additional talent to boost its operations.
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Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
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The cases were filed in California and Florida courts, states where non-competes are currently treated differently, and followed the FTC’s move to ban them.
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The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
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The executive will focus on business development, strategy and execution in the Northeast.
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All claims in the case were dismissed with prejudice, barring the parties from bringing the dispute to another US court.
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The announcement is the latest as part of the newly created vertical Alliant Cyber, along with Hall and Stampfl from Aon.
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Joining from Stroz Friedberg, an Aon company, the executive will be focused on business development, strategy and execution at the organization.
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Mai was hired along with senior transaction liability brokers Ashley Parsa and Michelle Jensen, this publication revealed.
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Based in New York, the executive will oversee the newly created Alliant Cyber, one of the retailer’s 14 industry verticals.
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The private equity-backed broker hired Yem Mai as R&W managing director and senior brokers Ashley Parsa and Michelle Jensen.
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The executive will oversee Alliant’s private client operation based in Palm Beach, Florida.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.