• Investment Year:2015, 2019, 2024
  • Status: Current
  • Stage:
  • HQ:Newport Beach, CA

Alliant Insurance Services

Visit Website

Alliant is a leading specialty insurance broker and program manager providing P&C insurance coverage and employee benefits services to clients throughout the U.S.

The company is the fifth largest insurance broker in the U.S. (per Business Insurance’s 2024 ranking). Alliant’s expertise and market leadership span a wide range of verticals, including Public Entities, Tribal Nations, Construction, Law Firms, Marine & Energy, Healthcare, Real Estate, Community Associations, Financial Institutions, Seniors Health Care and Non-Standard Auto. Alliant is headquartered in Newport Beach, California, and has more than 150 offices throughout the U.S.

INDUSTRY KNOWLEDGE & NETWORK

As of our initial investment in Alliant, Stone Point had been studying 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 initial 2005 LBO and tracked the company thereafter.

INTRODUCTION TO CLIENTS & PARTNERS

We have facilitated introductions for Alliant across the Stone Point ecosystem, resulting in numerous new business wins and recurring commission revenue for Alliant.

M&A SOURCING

We have leveraged our extensive network to source various tuck-in acquisition opportunities for Alliant. Additionally, Stone Point helps support the company’s diligence processes for transformative opportunities. Close collaboration across the Alliant and Stone Point teams facilitated seamless execution on recent material transactions, including the acquisitions of Crystal & Company, a leading specialty insurance broker, in 2018, and Confie, the largest independent personal lines broker in the U.S., in 2021.

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, Executive Chairman

Tom Corbett currently is an investor in one or more Stone Point funds and has, and may have in the future, other business relationships with Stone Point and its affiliates. Tom Corbett’s views with respect to Stone Point are not necessarily indicative of the views of other investors in Stone Point funds.

Investments highlighted or discussed in this selection have been selected to illustrate SPC’s investment approach and/or market outlook and are not intended to be an indicator of past or future performance. Each investment discussed in this selection has been selected solely for this purpose and has not been selected on the basis of performance or any performance-related criteria. The investments discussed herein do not represent an entire portfolio and in the aggregate may only represent a small percentage of holdings. Nothing in this presentation shall constitute a recommendation or endorsement to buy or sell any security or other financial instrument referenced herein.