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Alliant Acquisition of The LifeBalance Program Adds Powerful New Service to Employee Benefits Program

March 4, 2020 GMT

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Mar 4, 2020--

Allianthas added a powerful new service to its national employee benefits platform, acquiring the Portland, OR-based LifeBalance Program. The addition of the well-being discount program further expands the Employee Benefits Group’s broad suite of products and services while providing clients and their employees with an innovative and cost-effective new option.

“LifeBalance is a unique program that has long been dedicated to helping employers offer diverse discounts and services that enable employees to strike an all-important balance between their work and home life,” said Tom Corbett, Chairman and CEO of Alliant. “In addition to expanding our service profile, adding LifeBalance to our team will further enrich our employee benefits offerings as we continue to provide the most innovative and effective well-being options to our clients and partners.”

Founded in 1996, The LifeBalance Program’s vision is to inspire balanced lives, building customized discount programs that help clients engage, satisfy, and retain members and employees. LifeBalance’s savings platform offers member-exclusive discounts on healthy, fun, and fulfilling activities and purchases. LifeBalance services health plans, employers, and associations, and currently provides thousands of savings options to more than one million members across the United Sates.

“LifeBalance believes that happiness and fulfillment are found when we stick to one guiding principle: Never get so busy making a living that you never make a life,” said Erin Kennedy, Senior Vice President with LifeBalance. “Teaming up with Alliant aligns us with an organization that shares this ideal and will enable us to further expand our reach and impact as we endeavor to create a healthier, happier workforce nationwide.”

The entire LifeBalance team will join Alliant and continue serving clients nationwide from its Portland headquarters. Terms of the agreement were not disclosed.

About Alliant Insurance Services

Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. provides property and casualty, workers’ compensation, employee benefits, underwriting, surety, and financial products and services to clients nationwide, including public entities, tribal nations, healthcare, energy and marine, law firms, real estate, construction, financial institutions, agriculture, aviation, and environmental. More information is available on the company’s website at www.alliant.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200304005625/en/

CONTACT: Nick Kopinga

Vice President

Marketing and Corporate Communications

(949) 260-5004

nkopinga@alliant.com

KEYWORD: CALIFORNIA OREGON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES INSURANCE HUMAN RESOURCES FINANCE CONSULTING

SOURCE: Alliant

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PUB: 03/04/2020 11:44 AM/DISC: 03/04/2020 11:44 AM

http://www.businesswire.com/news/home/20200304005625/en