• Investment Year:2015, 2019
  • Status:Current
  • Stage:
  • HQ:Newport Beach, CA

Alliant

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Alliant Insurance Services is one of the largest insurance brokerage firms in the United States.

The company provides property and casualty insurance and employee benefit services to more than 50,000 clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction and other industry groups. Alliant is based in Newport Beach, California, and has offices throughout the United States.

INDUSTRY KNOWLEDGE & NETWORK

Stone Point has studied the insurance distribution “elephant” for more than 15 years and has completed numerous investments in the industry. In addition, we have completed a number of investments in various forms of insurance underwriters and services providers to the industry. We studied Alliant extensively before its 2005 LBO and tracked the company thereafter.

INTRODUCTION TO CLIENTS & PARTNERS

We have facilitated introductions for Alliant to other portfolio companies as well as to broader relationships, leading to millions of dollars of recurring annual revenue for Alliant.

M&A SOURCING

Stone Point assists management with all material add-on acquisitions. We played a key role in helping Alliant acquire Mesirow Insurance Services, one of the Midwest’s leading independent insurance agencies, which increased Alliant’s revenue by more than $100 million.

BUSINESS & PRODUCT DEVELOPMENT

We have leveraged our network to enhance Alliant’s existing insurance carrier relationships and to facilitate new carrier introductions. We have also helped the company evaluate business line expansion opportunities and alternative distribution strategies.

CAPITAL RAISING & STRUCTURING

We have led the process for all of Alliant’s financings since the initial investment in 2015.

Working with Stone Point has been a tremendous value to Alliant. The team is professional, well-informed, and highly connected to our industry. The resources and support Stone Point has provided have been essential to Alliant’s success as we have actively grown our organization and expanded our offerings. Put simply, Stone Point “gets it.”
Tom Corbett, Chairman and Chief Executive Officer