Houston-based producer to service diverse roster of employee benefits and property and casualty clients
NEWPORT BEACH, CA — Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, has announced that Corby Martinez has joined the company’s Employee Benefits Group as First Vice President. The Houston-based producer will focus on business development, providing tailored solutions to Alliant’s diverse roster of employee benefits and property and casualty clients.
Martinez, who specializes in executive benefits, has expertise in wealth protection and estate planning. He also has extensive experience delivering property and casualty insurance.
“Corby’s diverse expertise will enable us to provide our clients with a comprehensive solution that covers their entire organization,” said Rob Schanen, Senior Executive Vice President and Managing Director, Benefits – East. “A growing number of businesses want to work with a partner who can deliver customized plans that cover all of their insurance needs and Corby is the embodiment of this ethic.”
Martinez has more than 15 years of experience in the insurance industry. Prior to joining Alliant, he was an Executive Vice President with a Houston-based insurance brokerage firm, where he designed and implemented comprehensive employee benefits and property and casualty plans for a global portfolio of clients.
A native of Houston, Martinez holds a bachelor’s degree in psychology. He will be based in the Houston office of Alliant.
Acquisition brings property and casualty and employee benefits business under the Alliant banner
NEWPORT BEACH, CA — Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, has acquired Moloney O’Neill, a diversified insurance brokerage firm providing property and casualty, employee benefits, and life products and services. This acquisition will expand Alliant’s presence within the Northwest region, giving it a foothold in two new markets: Eastern Washington and Northern Idaho.
“Moloney O’Neill has earned a sterling reputation for trust, service, and innovation over more than six decades in the business,” said Tom Corbett, Chairman and CEO of Alliant. “This acquisition will merge the company’s extensive service offerings with Alliant’s deep resources and national platform, providing clients with even more powerful insurance, risk management, and employee benefits solutions.”
Founded in 1947, Moloney O’Neill is one of the Northwest’s most diversified insurance agencies. With offices in Spokane, Wash. and Coeur d’Alene, Idaho, the company services clients throughout the Western United States through three divisions:
- Property and Casualty, which provides a full range of coverages for businesses and individuals.
- Employee Benefits, which designs and implements customized plans for businesses and assists individuals with their benefits needs.
- Life, which offers life, disability, and long-term care insurance to businesses and individuals.
John Moloney, President of Moloney O’Neill, credits a shared dedication to service as the catalyst to this partnership. “In Alliant, we have a like-minded partner with extensive resources and capabilities. This alliance adds an additional layer of strength and sophistication to our organization,” he said.
Moloney O’Neill’s property and casualty business will operate as part of Alliant Americas, which was launched in January 2014 to expand the company’s presence in the middle market through strategic acquisitions and investments. Alliant Americas provides midsized businesses with targeted insurance products and services through a dedicated national platform.
“We are expanding the reach and influence of Alliant Americas through the acquisition of firms like Moloney O’Neill, which combine strong regional performance with a diverse industry presence,” said Sean McConlogue, President of Alliant Americas. “Joining forces with Alliant Americas enables Moloney O’Neill to provide additional value to its clients through an extensive national network of specialists and resources.”
The company’s employee benefits and life divisions will merge and operate as part of Alliant Employee Benefits, joining its existing Northwest operation. Alliant Employee Benefits provides creative and proven benefits solutions to a growing national client base, with a strong presence in the Northwest market.
“The addition of Moloney O’Neill’s employee benefits practice to Alliant adds significant talent and innovative programs that will make Alliant the preeminent employee benefits consulting firm in the Northwest,” said Kevin Overbey, Senior Executive Vice President and Senior Managing Director of Alliant Employee Benefits.
Moloney O’Neill services more than 600 clients ranging from small local businesses to large corporations with thousands of employees in a range of industries, including manufacturing, engineering, financial services, municipalities, education, and other key disciplines.
The executive leadership team of Moloney O’Neill will continue to operate the company under its current name and brand. In addition, the client services and business development teams of Moloney O’Neill will remain in place. Terms of the acquisition were not disclosed.
Frontier Energy Risk Index ranks political risks among key oil & gas Frontier Markets
NEWPORT BEACH, CA — Indonesia’s climate for investments in the oil & gas sector weakened significantly due to restrictions on foreign direct investments, opportunities in Vietnam remain hampered by the South China Sea dispute, and investors in Egypt are at risk of confusing gradual political risk improvements for newfound, long-term stability according to a new ranking from the Emerging Markets Group of Alliant Insurance Services (www.alliant.com). Alliant’s Frontier Energy Risk Index provides oil & gas companies and investors with a yearly snapshot of changes in political risk levels in 14 emerging economies selected for their potential as “frontier oil & gas producing countries.”
Indonesia’s risk climate has weakened substantially over the past year, off 62 percent from its 2013 ranking. “The downgrade is largely due to the newly imposed restrictions on foreign investments, first in the mining sector, and now in the oil & gas sector,” said Dr. Michel Léonard, Chief Economist with Alliant’s Emerging Markets Group. “We expect this trend to continue regardless of the upcoming presidential elections.”
Indonesia was followed by Vietnam, which saw a 19 percent downgrade due to military tensions in the South China Sea. “Chinese authorities’ decision to move an oil rig into Vietnam’s exclusive economic zone is the most notable of many recent confrontations between China and other countries in the South China Sea,” said Dr. Léonard. “In the long term, we expect China’s actions to lead not to territorial expansion, but to China being granted rights to production in the waters it is claiming. Oil & gas companies should be aware of the changes this will bring to any current or future licensing agreements signed in the South China Sea, especially with Vietnam.”
Additional countries in negative territory were Thailand and Malaysia, with Yemen showing no change from 2013.
In Egypt, which received a five percent upgrade, Dr. Léonard warns investors to remain cautious of overestimating these improvements. “Egypt has emerged from a long run of political instability and a recent regime change to show some positive movement in our risk models. However, we remain guarded about its long-term prospects and warn investors not to confuse gradual improvements with medium or long-term structural stability,” he says.
Countries showing the greatest improvement included Ecuador (22 percent), Equatorial Guinea (17 percent), and Algeria (12 percent), while Libya, Republic of the Congo (RoC), Gabon, Angola, and Kazakhstan all posted modest gains.
The Frontier Energy Risk Index is based on macroeconomic and political risk loss data assembled through Alliant’s proprietary database and relationships with senior government sources. The rankings provide oil & gas companies and investors with a clear picture of the business risks associated with operations in these 14 countries. A downloadable version of the full rankings can be found here.
General Counsel recognized for innovation and contributions to the legal community
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com), the nation’s largest specialty insurance brokerage firm, has announced that General Counsel and Senior Vice President Ken Zak has received a First Chair Award in the category of Top General Counsel. The prestigious recognition program is an annual selection of in-house counsel who have made significant contributions to the legal community over the past year through hard work and innovation.
“Ken has long been a standard bearer for excellence in legal counsel at Alliant,” said Tom Corbett, Chairman and CEO of Alliant. “He has been instrumental to the continued growth and innovation of our organization, bringing a vital combination of professionalism, vision, and leadership to our legal department.”
Zak, with 27 years of experience in the legal profession, oversees all aspects of Alliant’s legal matters, including corporate, M&A, regulatory, licensing, intellectual property, litigation, and equity.
An ardent supporter of young and emerging attorneys, Zak has frequently served as a judge for law school moot court competitions and as a mentor for law students. He is a member of the Association of Corporate Counsel (ACC) and is active with various charitable organizations, including Operation Amped.
Zak graduated summa cum laude from The Ohio State University, receiving a Bachelor of Science in business administration. He received his Juris Doctorate from The Ohio State University College of Law and was a member of the law review.
First Chair honorees were selected by a committee of attorneys from top law firms who have been recognized as leaders in their area of practice. Zak will be honored at the First Chair Awards Gala and Presentation Ceremony on August 27 in Chicago.
Practice to provide insurance and risk expertise to law firms in the entertainment space through its new Santa Monica office
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com), the nation’s largest specialty insurance brokerage firm, has announced that its ProQuest division has launched an entertainment practice. The initiative will be led by longtime entertainment attorney Joe Anderson and will provide targeted insurance and risk management services to law firms in the entertainment space. The practice will be based in ProQuest’s new Santa Monica, Calif. office.
“Entertainment law is a specialty practice with risks that are unique to the legal profession. This new practice will provide entertainment law firms with a comprehensive solution built specifically around their risk profile,” said Peter Vexter, Executive Vice President, ProQuest. “Joe’s industry expertise and strong ties to both the Southern and Northern California markets will be instrumental in establishing and growing Alliant’s presence in the entertainment industry.”
The entertainment practice will focus on and offer a range of integrated services, including coverage design and placement; claim analysis and advocacy; policy analysis and peer benchmarking; and risk control and practice management.
Anderson, who will serve as Associate Producer, is an expert in entertainment law within the fields of internet, film, music, and television. During his 25 years as an attorney, he has represented high-profile entertainers and corporations, handling brand management, litigation, intellectual property, and labor law.
Prior to joining ProQuest, Anderson served as General Counsel for StudySync.com, a Sonoma, Calif.-based online education technology company, where he handled all legal matters related to the firm’s digital media, entertainment, intellectual property, distribution, corporate, labor, and business functions. His leadership guided the firm from a start-up to an award-winning, 30-employee operation.
Anderson also has extensive experience in the law firm world, most recently as a partner with Rosen & Anderson, LLP, where he specialized in digital media, entertainment law, and brand management.
Anderson holds a bachelor’s degree in political science from Stanford University and a law degree from the Georgetown University Law Center. He is a former adjunct professor of digital and entertainment law at the University of California, Hastings College of Law and has published scholarly articles on conflicts of interest in entertainment law and California recording contracts.
The new Santa Monica office will be located at 3110 Main Street in The Annex.
ProQuest (www.proquestinsurance.com), a division of Alliant Insurance Services, provides a complete range of insurance placement and risk management services designed to meet the unique needs of law firms. It currently serves more than 300 law firms, ranging from local and regional firms to national and international practices, many of which are represented in the AmLaw 200.
30-year industry specialist to leverage underwriting and brokerage expertise to address evolving exposures for healthcare organizations
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com), the nation’s largest specialty insurance brokerage firm, has announced that veteran underwriter Barbara Sinclair has joined Alliant Healthcare Solutions as Senior Vice President. The 30-year industry specialist will employ her deep technical expertise to provide customized insurance programs that address the evolving exposures of modern healthcare organizations.
Sinclair brings extensive experience in underwriting and brokerage, specializing in medical professional and excess coverages and alternative risk financing agreements.
“The insurance needs of today’s healthcare organizations are changing as a result of ongoing industry consolidation and the continued roll-out of the Affordable Care Act,” said Todd Hagemeier, Managing Director of Alliant Healthcare Solutions. “Barbara’s breadth of industry expertise will enable us to deliver innovative products and services that address the shifting landscape of risk and safeguard our clients’ future.”
Prior to joining Alliant, Sinclair served as Senior Vice President and Product Manager with a national insurance underwriter, where she was responsible for the design and delivery of products and coverage solutions for the firm’s medical and professional liability team. An expert in healthcare reform, Sinclair led a strategic initiative evaluating changing liability and coverage needs resulting from the Affordable Care Act.
Sinclair studied medical technology and business administration at Central Connecticut State College and holds an Associate in Risk Management (ARM) certification. The noted industry expert has delivered speeches on healthcare at numerous high-profile industry conferences, including the Professional Liability Underwriting Society (PLUS) and the American Society for Healthcare Risk Management (ASHRM) New England.
She will be based in the Houston office of Alliant.
Kevin Mellor and Lee Hollmann to focus on innovative risk management solutions for the energy industry
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com), the nation’s largest specialty insurance brokerage firm, has announced that its Energy and Marine Group has added two seasoned energy experts to its brokerage team. First Vice Presidents Kevin Mellor and Lee Hollmann will be responsible for business development and delivering innovative risk management solutions to Alliant’s growing roster of energy clients.
“The continued expansion of the energy industry has brought with it a broad array of new risks and exposures,” said John Ludwig, Executive Vice President and Managing Director of Alliant’s Energy and Marine Group. “Kevin and Lee have extensive experience helping energy companies mitigate these risks, and their addition to our team affirms our commitment to providing the highest levels of service and sophistication to the industry.”
Mellor and Hollmann will use their energy industry expertise to service a broad array of clients, including onshore/offshore oil and gas operators, pipeline operators, manufacturers, consultants, and drilling/service contractors.
Mellor brings 20 years of experience as a property and casualty broker to Alliant. He has expertise in risk management, international and domestic insurance placement, reinsurance, underwriting, mergers and acquisitions, and private equity. Prior to joining Alliant, he was Senior Vice President/Sales Executive with a global insurance brokerage firm in Houston. He holds a bachelor’s degree in business/managerial economics from Wichita State University.
Hollmann joins Alliant with 15 years of experience as a top sales professional. Prior to joining Alliant, he was Vice President with a leading international insurance brokerage firm in Houston and was responsible for sales, marketing, and business development in the energy sector. He holds a bachelor’s degree in language/international trade from Clemson University.
Mellor and Hollmann will be based in Alliant’s Houston office.
Butler to develop and manage tribal-specific healthcare programs focused on cost reduction, improved quality of life
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com
), the nation’s largest specialty insurance brokerage firm, has announced that Benjamin Butler has joined the company’s Tribal First group as First Vice President. Butler will specialize in developing and managing tribal-specific healthcare programs that reduce costs while improving quality of life for Native Americans under the company’s TribalCARE healthcare solution. Butler will also develop customized health insurance programs to assist tribal governments in complying with the Affordable Care Act. He will be located in the company’s Dubuque, Iowa office.
With 16 years of experience servicing tribal nations, Butler has developed employee benefits and wellness programs designed to meet the unique needs of Native Americans. He has written business for or provided consulting services to more than 20 tribal governments throughout the United States.
“Benjamin is among Indian Country’s most active insurance specialists,” said Sean McConlogue, President of Tribal First. “He brings a sophisticated understanding of the healthcare needs of tribal nations, delivering customized programs that offer a higher standard of living for all members of a tribe.”
A noted industry expert, Butler has delivered speeches at the National Indian Gaming Association, National Indian Health Board, Great Plains Indian Gaming Association, and Midwest Alliance of Sovereign Tribes. He is also an active participant in the Native American Financial Officers and Montana/Wyoming Tribal Leaders Council.
“Tribal governments, due to their sovereignty, have access to cutting-edge solutions to assist them with Affordable Care Act compliance,” said Butler. “I will help our clients leverage these resources to offset the costs of the employer coverage mandate and position their entity for a thriving and healthy future.”
Butler received his Bachelor of Arts degree in business administration from Illinois Wesleyan University.
Twenty-five-year personal lines specialist to manage cross-selling strategies, build market/carrier relationships
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com), the nation’s largest specialty insurance brokerage firm, has announced that Karen Mondshine has joined the company’s Private Client Group as Vice President and Marketing Director. In this position, she will manage and implement cross-selling strategies to create synergies among Alliant’s diverse portfolio of commercial, employee benefits, and personal insurance clients. Mondshine will also focus on building and maintaining strong market/carrier relationships to maximize value for clients.
Mondshine has more than 25 years of experience in personal lines insurance, delivering a broad range of insurance products and services designed for high-net-worth individuals, business owners, and C-suite executives. She has extensive experience in business development, risk management, brokerage operations management, strategic planning, automation implementation, and operations analysis.
“Karen uses her broad arsenal of skills and visionary leadership to deliver creative solutions that enhance value for clients,” said John Beres, Executive Vice President and Managing Director of Commercial and Corporate Risk - East. “She will play an essential role in increasing the market presence of our Private Client Group by forging strong relationships with clients and carriers, while promoting complementary Alliant programs through cross-selling initiatives.”
Prior to joining Alliant, Mondshine directed national marketing initiatives, managed customer relationships, and oversaw product implementation for a property and casualty insurance company. She holds Certified Insurance Counselor (CIC) and Project Management Professional (PMP) designations and will be based in Houston and reporting to the Private Client Group in New York.
Beverly to develop risk management programs focused on claims reduction and cost savings
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com), the nation’s largest specialty insurance brokerage firm, has announced that Marcus Beverly has joined the company’s Public Entity Group as Vice President. Beverly will work closely with Alliant’s extensive roster of public entity clients to develop risk management programs that reduce claims and yield significant cost savings.
With 25 years of experience in claims, risk management, and insurance, Beverly specializes in serving joint powers authority (JPA) risk pools and has worked with a breadth of public entities, including cities, counties, school districts, and special districts.
“Marcus has extensive experience setting strategic objectives and overseeing sophisticated risk control programs for public entities in a wide array of locations and disciplines,” said Daniel Howell, Managing Director, Public Entity Group. “He has consistently delivered cutting-edge programs that reduce claims and save clients and pool members millions of dollars each year.”
Beverly will be sharing his public entity risk management expertise as a presenter on June 10 at the 2014 Public Risk Management Association (PRIMA) Conference in Long Beach, CA. His presentation, entitled “Choosing Your SIR – It’s More Than a Number,” will evaluate the quantitative and emotional criteria involved in selecting a self-insured retention (SIR) and will include financial benchmarks, case studies, and interactive workshops.
Beverly holds a Bachelor of Business Administration in marketing and Bachelor of Arts in industrial psychology from the University of Arkansas, Little Rock. He is a former Vice President of the Public Agency Risk Managers Association (PARMA) and a highly regarded conference speaker throughout the industry.
He will be based in the Sacramento, CA office of Alliant.