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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Alliant Acquires Northern California-Based ASURA Risk

August 23, 2021 GMT

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aug 23, 2021--

In a move that further strengthens the company’s middle-market presence, Alliant has acquired Northern California-based ASURA Risk. The acquisition brings an extensive portfolio of property and casualty, employee benefits, and risk management solutions under the Alliant banner.

“The ASURA team brings extraordinary value to its clients through their ability to look at an organization’s total risk picture and deliver powerful solutions that protect them for the long-term,” said Tom Corbett, Chairman and CEO of Alliant. “Their proven formula of strategy, relationships, and ethical business practices melds seamlessly with Alliant’s service philosophy.”

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Based in San Ramon, CA, ASURA provides a full range of commercial insurance, employee benefits, and risk management services to a diverse client base throughout California. The company deploys an integrated approach to risk aimed at offering a strong barrier of protection for its clients, their employees, and their assets. With risk management serving as a foundational element of the ASURA experience, the firm’s clients benefit from embedded long-term cost reduction, which impacts morale, health, safety, and profitability.

“Partnering with one of the most dynamic insurance organizations in the nation will unlock extraordinary resources across all facets of our business,” said Kevin Kilty, Principal with ASURA Risk. “This will enable us to provide an even higher level of service for our clients; one that is both comprehensive and tailored to their needs.”

Kilty, along with fellow Principals Greg Miller and Jon Wheeler, and the entire ASURA team, will join Alliant and continue servicing clients from its San Ramon headquarters. Terms of the agreement were not disclosed.

About Alliant Insurance Services

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Alliant Insurance Services is one of the nation’s leading distributors of diversified insurance products and services. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of solutions built on innovative thinking and personal service. The business of managing risk is getting more complex, and Alliant is meeting this complexity head-on, not with more layers of management, but with more creativity and agility. Alliant is changing the way our clients approach risk management and benefits, so they can capitalize on new opportunities to grow and protect their organizations. Visit us at alliant.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210823005038/en/

CONTACT: Nick Kopinga

Vice President

Corporate Marketing and Communications

(949) 260-5004

nkopinga@alliant.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES

SOURCE: Alliant Insurance Services

Copyright Business Wire 2021.

PUB: 08/23/2021 08:05 AM/DISC: 08/23/2021 08:06 AM

http://www.businesswire.com/news/home/20210823005038/en