Alliant
-
The Insurance Insider US news team runs you through this week’s key agency M&A.
-
The broker will report to Howden US CEO Mike Parrish.
-
The motion claims the New York court has no jurisdiction in the case.
-
Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
-
The $20bn+ TIV data center is seen as the leading edge of significant new demand.
-
The lawsuit is the third filed by MMA against Alliant in the past year.
-
The move is a retaliation to Howden’s US retail launch.
-
The broker also alleges a coordinated effort undermine client confidence.
-
The Insurance Insider US news team runs you through this week’s key agency M&A.
-
The former Hub executive has over 30 years of experience in transportation.
-
Acrisure followed the recaps of Hub International and Broadstreet Partners.
-
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.
-
Insurance Insider US explores the economics of the lift-out growth strategy.
-
Executives see earnings benefits from workers’ comp beginning to diminish.
-
Sources said that with the equity refinancing, Alliant secured an enterprise value of ~$25bn.
-
Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO.
-
A quick roundup of our best journalism for the week.
-
The move follows a $4.5bn+ debt and preference share refinance in September.
-
Bryan Salek and Angela Kirby will lead the new segment as SVPs.
-
He brings over 25 years of experience in PE and transactions solutions.
-
Rusas and Miraglia will grow Alliant’s M&A nationwide.
-
The execs joined Chad Karasaki and Michael Grossi, who are heading up the new practice.
-
However, the market is still struggling with excess capacity and low demand.
-
A quick round-up of today’s need-to-know news, including Ryan Specialty and Skyward Specialty.
-
A quick round-up of today’s need-to-know news, including Ryan Specialty, Marsh, Allstate.
-
The executive’s experience centers on program design for complex risk.
-
Based in Virginia, she will identify and pursue Mid-Atlantic opportunities.
-
The FTC issued a final rule on April 23 banning the use of non-competes nationwide.
-
Michael Smith is a former mortgage broker.
-
The executive will focus on food and beverage manufacturers and distributors.
-
James Lawrence brings with him thirty-five-year of insurance industry experience
-
NFP claims it has so far lost five clients to Alliant, resulting in damages of $2mn.
-
Challenges include integration, delevering, winning staff over and building a compelling equity story.
-
Based in New York, Rosensaft will report to Alliant’s R&W head Yem Mai.
-
Pestana, Spera and Edwards join Alliant Specialty from rival retailer NFP.
-
April Files is based in Houston, Texas.
-
-
Spina will be based in New York and oversee surety accounts along the East Coast.
-
The executive will drive expansion in NJ and southeastern PA.
-
Todd Schwartz spent over 21 years at Hilb’s Rampart Insurance Services.
-
The appointment expands Alliant’s presence in the Southeast.
-
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.
-
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.
-
Greg Zimmer takes over from Tom Corbett, who served as Alliant’s CEO for over 30 years and will remain as executive chairman.
-
Based in Irvine, California, Tyler Banks brings more than 20 years' insurance experience to the position.
-
Buzz Mansfield will provide tailored P&C insurance solutions to the company’s growing southeast client base.
-
Based in Jackson, Mississippi, he will provide tailored property and casualty insurance solutions to the broker’s regional client base.
-
The Insurance Insider US news team runs you through some of the key M&A intelligence from the past week.
-
The executive joins Alliant after 13 years at rival broker Woodruff Sawyer, where until recently he was VC and private equity leader.
-
Based in San Diego, California, the executive will focus on clients across the West Coast.
-
Based in Richmond, Virginia, the executive will oversee clients throughout the Metro DC/Chesapeake region.
-
The executive will focus on designing and delivering insurance solutions that address existing and emerging industry risks and exposures.
-
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.
-
Based in Boston, the executive will focus on designing and delivering insurance solutions for an expanding range of clients across the Northeast.
-
Scott Canales, Richard Roderick, and Greg Barnes will join as executive vice presidents, and Mark Racunas as senior vice president, of Alliant Specialty.
-
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.
-
The executive has prior experience at USI, WTW and Aon, where he worked for almost 12 years.
-
Prior to his stint at WTW, the executive worked for three years at Aon after a seven-year spell at Marsh.
-
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.
-
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.
-
Marsh joins Alliant after over 16 years at Business Insurance Services, where he was an independent agent based in Hilo.
-
The executive joins Alliant after over 23 years at Gallagher, where he began his broking career based in Jackson, Mississippi.
-
The retailer recruited Eric Harper as EVP, managing director, Bill Havard and Steve Sclimenti as SVPs and Robert Engles as first VP.
-
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.
-
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.
-
Right now firms pursuing this strategy are winning, although there are some potential slow-burn issues to watch.
-
The broker said it intends to vigorously defend itself against Aon’s allegations concerning the departure of fac re employees.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
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.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The fac-focused reinsurance unit expects to expand into treaty over the next year and attract additional talent to boost its operations.
-
-
Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
-
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.
-
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.
-
The executive will focus on business development, strategy and execution in the Northeast.
-
All claims in the case were dismissed with prejudice, barring the parties from bringing the dispute to another US court.
-
The announcement is the latest as part of the newly created vertical Alliant Cyber, along with Hall and Stampfl from Aon.
-
Joining from Stroz Friedberg, an Aon company, the executive will be focused on business development, strategy and execution at the organization.
-
Mai was hired along with senior transaction liability brokers Ashley Parsa and Michelle Jensen, this publication revealed.
-
Based in New York, the executive will oversee the newly created Alliant Cyber, one of the retailer’s 14 industry verticals.
-
The private equity-backed broker hired Yem Mai as R&W managing director and senior brokers Ashley Parsa and Michelle Jensen.
-
The executive will oversee Alliant’s private client operation based in Palm Beach, Florida.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Both lawsuits and counterclaims were dismissed with prejudice, barring the brokers from bringing the disputes to another US court.
-
Inside P&C’s news team runs you through the key highlights of the week.
-
The insurance veteran will also work on growth and sustainability in his new role.
-
Matt Walsh will oversee all sales and operations as managing director for the construction unit, while Robert DiBiase takes on the national director role.
-
The industry veteran is tapped with leading Alliant’s risk finance and strategic consulting practice.
-
The company also named David Liebes as SVP in its San Francisco office.
-
In his new role, the executive will advise Alliant’s clients on risks associated with renewable energy – solar, wind and power
-
The parties did not disclose whether any money changed hands to end the legal proceedings.
-
The complaint was filed yesterday in Illinois and judge Martha Pacold is overseeing the case.
-
The complaint names surety executives John Thomas, Andrew Bennett and Jennifer Boyers Gullett as defendants.
-
A tougher environment for debt financing and a potential recession will reverse some of the remarkable tailwinds of recent years.
-
The parties did not disclose whether any money changed hands to settle the legal proceedings.
-
Based in Houston, James Chenoweth will focus on providing tax, litigation and M&A risk solutions to private equity firms and corporations.
-
The dispute follows a complaint McGriff filed against Alliant and 3 former execs, accusing them of “breaching their valid and enforceable restrictive covenants.”
-
In his new position, the executive will oversee the operations of the company’s 13 specialty divisions.
-
The brokers asked a judge to adjourn the conference set for Thursday after reaching an agreement to settle the case.
-
The executive joined Alliant in 2011 and until recently was president of the broker’s specialty division.
-
Alliant has hired Brittany Thune Lindberg as vice president, mergers and acquisitions.
-
According to a recent M&A risks market report, nearly 70% of US transactions use R&W coverage and four out of five PE deals in North America use M&A insurance.
-
In his new role, Chris Murphy’s will lead Alliant’s surety platform to support the bonding needs of domestic and international contractor needs.
-
Houston-based James Breaux will create customized risk management and P&C products for client businesses.
-
Higher returns are available, but at the cost of increased revenue risk, slower results and potential cultural challenges.
-
Based in Tampa, the executive will oversee customized P&C insurance programs across the Southeast.
-
The executive will oversee the management professional lines operations, including product liability and clinical trials liability.