Alliant Insurance services launches reinsurance brokerage division


P&C commercial insurance broker Alliant Insurance Services has launched Alliant Re, its reinsurance brokerage division.

Alliant Insurance Services has positioned itself as a leading distributors of diversified insurance products and services. The company operates through a network of specialised national platforms and local offices to offer its clients a comprehensive portfolio of solutions built on innovative thinking and personal service.

Alliant Re leverages proprietary data and analytics, extensive industry relationships and insurance expertise to navigate complex market conditions and provide customised risk transfer solutions to protect insurers from large losses.

Alliant Re will also help insurers to expand underwriting capacity while managing risk exposure to ensure long-term viability and sustainable policyholder service. Reinsurance solutions include facultative insurance, automatic and semiautomatic reinsurance structures, deductible buy-downs, captives, managing general underwriters (MGU) and individual risk placements and programs.

The commercial P&C brokers said the launch of Alliant Re adds reinsurance to its comprehensive portfolio of risk management solutions.

Tom Corbett, chairman and CEO of Alliant, said, “It is critically important for insurance carriers to have effective risk transfer solutions in place to protect against unforeseen and catastrophic losses, which are happening all too frequently.

“Our established reinsurance brokers have the relationships and experience to help ensure clients have the financial resources to pay out large claims when appropriate and remain viable in the insurance market.”

Earlier this month, YellowBird, an EHS and risk management technology platform, raised $6.25m in an oversubscribed seed round. YellowBird is a comprehensive EHS and Risk Management platform that aims to simplify the complex and fragmented world of safety and loss control management.

The risk management’s platform customer list features Fortune 100 companies, including Nationwide and QBE Insurance, along with major brands in manufacturing, construction and energy.

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