! The merger, which is expected to close in the second quarter of 2021, will also include Confies family of personal insurance brands. NEWPORT BEACH, Calif. Alliant has entered into a definitive merger agreement with Confie, the largest personal lines insurance distributor in the U.S. The agreement includes Confies robust family of leading personal insurance brands and more than 1 million customers. The company offers property and casualty insurance further distributing diversified insurance products and services such as risk management services, employee. Alliant insurance services has acquired 43 companies of its own, including 25 in the last 5 years. All content copyright Steve Evans Ltd. 2021 All rights reserved. Pacheco insurance. Whether its a Windows, Mac, iOS or Android operating system, you will still be able to bookmark this website. J.P. Morgan served as financial advisor, Kirkland & Ellis LLP served as transaction counsel, and Foley and Lardner LLP served as insurance regulatory counsel to Abry and Confie. Alliant provides exclusive benefits to employees, retirees, and members of qualifying organizations and their family members; An additional 43 percent of alliant is owned by private equity firms kkr and stone point capital. Propertycasualty360 is the leading source of p&c insurance news, trends, opinions, resources, and sales tips for insurance agents and brokers in the industry. The company provides property and casualty, workers compensation, e mployee Baumann joined Alliant in 2008 as Assistant General Counsel and later expanded her role to assume responsibilities as the companys privacy officer. Since 2010, Overbeys leadership in Alliants collaborative culture has cultivated the divisions remarkable growth from $100M to $600M while expanding its footprint to serve local regions across the nation. You can Get the Who owns alliant insurance files here. Prior to that, Anders was Alliants Vice President and Director of Financial Planning and Analysis. Our culture of entrepreneurialism, collaboration, and innovation gives us the independence and accountability to create solutions that uniquely match your needs. Alliant insurance services was acquired by blackstone group on jun 3, 2007. ALLIANT SPECIALTY CONTACT WebAlliant Insurance Services has acquired 57 companies of its own, including 28 in the last 5 years. He started his career as an Analyst in the mergers and acquisitions group of Salomon Brothers Inc. Matthews is a director of Black Mountain Systems, LLC, Eagle Point Credit Company Inc., Eagle Point Credit Management LLC, Enhanced Capital Holdings, Inc., NEBCO Insurance Services, LLC, and Tree Line Capital Partners. Longchamps has an M.B.A. from Harvard Business School and a Bachelor of Commerce from McGill University where he graduated on the Deans honor list. WebCan the electric company turn off my power in the winter in Indiana? Headquartered in new york city with team members across the country, the alliant mergers & acquisitions group has collectively worked on more than 10,000 transactions and serves more than 150. At the heart of this effort is Vanvieldts longstanding commitment to expanding opportunities for career growth and advancement for individuals with diverse backgrounds and life experiences. James R. Matthews is a Principal of Stone Point. Polley Insurance was acquired by Alliant Insurance Services on December 7, 2022 Insurance Company Out of 60 sectors in the Mergr database, insurance ranked 5 in number of deals in 2022. Confie is currently a portfolio company of Abry Partners, a Boston-based private equity firm. This vision propels Alliants teams to help employers drive innovation and service while engaging their people to drive sustainable outcomes. Alliant provides exclusive benefits to employees, retirees, and members of qualifying organizations and their family members; Alliant insurance services is one of the nations leading distributors of diversified insurance products and services. Puddle Jumpers Pointthe Way to Greener Aviation, What Tech Job Cuts Say About Silicon Valleyand the Rest of the Economy, With VC Funding Drying Up, Biotechs Are on a Quest for Cash, Jes Staley Personally ObservedEpstein's Abuse, Woman Suing JPMorgan Claims, London Police Rapist Undermines Faith in Officers, Sunak Says, Tesla Is on Both Offense and Defense in Its First-Ever Price War, The White House Is Considering Broad Actions to ExpandTenant Protections, The School Board Queen Endorsed by Florida Governor Ron DeSantis, The School Board Queen: How a Florida Mom Is Shaking Up US Education, Ryan Salame Invested Big In ASmall Town, Now Its Tangled Up In FTXs Fallout(Podcast), Fight to Regulate Crypto atCrossroads as Ripple Ruling Looms. The largest insurance acquisition in 2022 was Alleghany - which was acquired by Berkshire Hathaway for $11.6B. /marketintelligence/en/news-insights/trending/XC_meD4x0gAq3Z_KkwVxaA2 We are excited to launch this new vertical and look forward to offering our clients One Sources cost-effective and profit-enhancing solutions, said Peter Arkley, President, Alliant Specialty. Zerbib is a director of a number of portfolio companies of the Trident Funds, including Alliant Insurance Services, Inc., The ARC Group, LLC, Freepoint Commodities LLC, Helios holding company, Hodges-Mace Holdings, LLC, NXT Capital, Inc., Preferred Concepts LLC, Privilege Underwriters, Inc., StoneRiver Group, L.P., and Yadkin Financial Corporation. Peter Arkley is responsible for development and implementation of the specialty business and financial strategy. Assessing the impact of the U.S. Government Accountability Office recommendations on Export Control Compliance at universities. The company is organized into two business segments: we are excited to be able to further empower them to do what theyve always done well. Operates as an insurance broker. 2018 Scott Kirksey named CEO. Martin joined Alliant in 2004 and was instrumental in transforming the companys HR department into a proactive business solutions environment. At Alliant, weve created an organizational culture full of high-energy, talented, brokers and creative professionals who are dedicated to solving your challenges. He is currently involved in various community and charitable organizations. The need for credit and political risk offerings will continue to grow as we enter 2021, and Alliant is well positioned to meet the demand.. Prior to this experience, Cusack worked with Willis as a surety broker and initiated his career as a contract surety underwriter with Seaboard Surety. Crystal has also served on the boards of Global Indemnity, Blockbuster, Stewart & Stevenson, and Donkenny. One Source President George Babeu stated: "The One Source team is pleased and excited to be part of the Alliant organization. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Mesirow insurance services will continue to operate under its. Source: focusonenergy.com. The company provides property and casualty, workers compensation, e mployee benefits, surety, and financial products and services. Alliant Insurance Services has been named one of Insurance Business Americas Fast Brokerages.The inaugural awards program features the nations top performing insurance brokerage firms based on growth. Source: farofffromthe42ndparadoxbeyondpolaris.blogspot.com. Slectionnez Grer les paramtres pour grer vos prfrences. In this role, Martin has led the HR integration of 70+ acquisitions as the company has grown into one of the nations largest insurance brokerage and consulting firms. WebBenefitMall acquires Brown & Brown of Pennsylvanias GA entity. Alliant Insurance Services serves customers in the United States. He joined Alliant in 2011 and helped create what is now the largest construction brokerage organization in the country. Zimmer holds a bachelors degree in economics/systems science from the University of California, Los Angeles (UCLA) and a masters degree from the Anderson Graduate School of Management at UCLA. Alliant specialty group, which will be headed up by peter arkley of the companys construction services group, is one of the largest and most diverse specialty insurance operations in the. Report: KKR sells remaining stake in Alliant Insurance Services, Banking Essentials Newsletter: January 11th Edition, Banking Essentials Newsletter December 21st Edition, The Road to Basel IV: Navigating the challenge facing European banks. She joined Alliant in 1991 as an associate producer and was promoted to producer in 1993, helping to build such specialty programs as the Owner-Controlled Insurance Program (OCIP) and the Hospital All Risk Property Program (HARPP). IRVINE, Calif., January 13, 2023 -- ( BUSINESS WIRE )--Benefits consultant Nick Long has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. Ilene Anders oversees the companys finance, accounting, and IT operations. 20002022 Alliant Insurance Services, Inc. CA License No. Alliant insurance services general information description. Hurst joined Alliant in 1987 as a producer after a 10-year tenure with the Factory Mutual Group. Assistant Vice President, Specialty Group Corporate Marketing and Communications En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. He earned a bachelors degree in industrial technology-fire science from California State University, Los Angeles. Lp has sold its remaining stake in alliant insurance services inc. He also served as a Partner at Edgestone Capital Partners, a mid-market private equity firm in Canada. As a regulated and licensed provider sponsored health care corporation (pshcc),. Thanks to our amazing employees and our winning culture, we are ideally positioned to successfully execute on our growth strategy and continue supporting our customers and our communities., Brent Stone, a Partner at Abry Partners added: We have been proud to be investors in Confie since 2012 as the company grew into the largest personal lines agency in the country. from Boston College Law School, and an M.B.A. from the Duke University Fuqua School of Business. With 30 years of HR experience, she oversees a 50+ member HR department that supports all of Alliant and its employees. 12150 Tributary Point Drive, Because when people come first, more is possible. Alliant insurance services has acquired 43 companies of its own, including 25 in the last 5 years. Having Alliant as our parent will help us continue to expand our footprint throughout North America and dramatically broaden our product offerings and value to our clients. She holds a law degree from the University of San Diego School of Law and undergraduate degrees in English and comparative literature and Spanish linguistics from the University of California, Irvine. Drive, Because when people come first, more is possible, will also include Confies family of personal... From California State University, Los Angeles he graduated on the Deans honor list oversees 50+. Experience, she oversees a 50+ member HR department into a proactive Business solutions environment group jun... 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