Alliant Insurance Services – Company Profile and Competitor Analysis
Company Overview
Alliant Insurance Services is a prominent force in the insurance industry, combining the extensive resources typical of a large corporation with a tailored client service approach. As the 5th largest insurance brokerage firm in the United States, Alliant reports strong financial figures with revenues of $5.1 billion and premiums surpassing $47 billion. The company operates over 100 offices nationwide, offering a wide range of products and solutions, including risk management, employee benefits, reinsurance, and private client services. More information and career opportunities can be found on their [official website](https://alliant.com/).
Leadership and Management Team
The leadership team at Alliant Insurance Services consists of experienced executives focused on driving excellence and innovation in the insurance sector:
- Thomas W. Corbett: Executive Chairman with over three decades of leadership at Alliant.
- Greg Zimmer: CEO, previously served as President, focusing on strategic leadership.
- Ralph Hurst: President, responsible for the brokerage arm of the business.
- Ilene Anders: CFO, directing finance, accounting, and IT.
- Kevin Overbey: President of the Employee Benefits Group, driving nationwide growth.
- Bob Bennetsen: Executive Vice President and Senior Managing Director, leading the P&C platform regionally.
- Lilian Vanvieldt-Gray: EVP and Chief Diversity, Equity & Inclusion Officer, heading DE&I initiatives.
- Diana Kiehl: Chief Administrative Officer, enhancing sales and service practices.
- Steve Sampiere: CIO, managing technology and security strategies.
- Jennifer Baumann: Chief Legal Officer, overseeing legal operations firm-wide.
Recent Developments and Insights
Alliant Insurance Services has shown significant progress in risk management and sector trends by offering expert support during Southern California wildfires, highlighting their commitment to community support and crisis management. They also host a podcast, The Risk Rundown, offering valuable industry insights tailored for high-net-worth individuals.
The firm has strategically expanded its leadership within its National Commercial Surety Practice, signifying a commitment to service enhancement and increased market presence.
Market Position and Professional Engagements
Alliant actively advances industry discourse and alliances, seen through participation in events like RISKWORLD® in Chicago, aiming to improve risk management practices. They consistently produce insightful reports on insurance marketplace trends, essential for understanding current conditions and industry forecasts.
Their employee-centric culture fosters an environment of collaboration and entrepreneurial growth, as emphasized on their [careers page](https://alliant.com/about/careers/).
Competitors
Alliant Insurance Services competes with several major insurance brokerage firms:
- AssuredPartners: Based in Orlando, Florida, this firm is the 11th largest broker of U.S. business with revenues exceeding $1 billion, focusing on Diversity, Equity, and Inclusion.
- Amwins Group, Inc.: A global specialty insurance distributor headquartered in Charlotte, North Carolina, known for creative solutions and boasting $6.7 billion in revenue.
- McGriff Insurance Services: Part of Truist Insurance Holdings, offering a broad range of insurance products with revenues approaching $5 billion.
- Brown & Brown, Inc.: Established in 1939, it has grown into a prominent global insurance brokerage with innovative risk management solutions.
- Acrisure: Known for its rapid revenue growth and fintech integrations, it has expanded from $38 million to nearly $5 billion in revenue, with its headquarters in Grand Rapids, Michigan.
Industry Position
Alliant Insurance Services maintains a formidable position among these competitors due to its expansive service offerings and substantial annual revenues. Nonetheless, competitors like AssuredPartners and Amwins are aggressively leveraging growth strategies and data-driven insights, potentially influencing market dynamics and client acquisition strategies.
This analysis provides Alliant with a comprehensive view of its key competitors, instrumental in strategizing market positioning and identifying growth opportunities.
