Addition of New York-based employee benefits group to expand Alliant’s growing Northeast presence
NEWPORT BEACH, CA — Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, has acquired The Camps Group
, a New-York-based integrated provider of employee benefits services. The Camps Group will join Alliant’s Employee Benefits Group
, further expanding the company’s growing Northeast presence.
“The Camps Group brings a diverse client roster, strong New York presence, talented team, and proven track record of delivering value-laden employee benefits products and services,” said Tom Corbett, Chairman and CEO of Alliant. “This strategic acquisition will strengthen Alliant’s employee benefits practice as we continue to expand our geographical reach and client base.”
Founded in 1991, The Camps Group is a full-service employee benefits firm, offering a broad range of benefits products and services, administrative services, and financial and retirement products to a national portfolio of clients.
The Camps Group is headed by principals Jay Vogel and Don Rapaport, who will join Alliant as Vice Presidents. According to Vogel, the partnership will enable the company to further enhance its proven brand of proactive service, cost savings, and cutting-edge technologies.
“For nearly 25 years, clients have relied on The Camps Group to deliver innovative employee benefit solutions that result in quality, cost effective offerings to their employees,” said Vogel. “Joining forces with Alliant provides enhanced access to resources and people that will both strengthen our programs and expand our reach.”
The Camps Group’s client base includes numerous large firms and nonprofit organizations across a breadth of industries. The firm delivers a range of brokerage services that includes medical and ancillary plans, wellness initiatives, and voluntary benefits.
Rapaport views the acquisition as an opportunity to innovate in a changing marketplace.
“The climate for employee benefits is in constant flux, and to remain ahead of the curve, it is imperative to have powerful resources and fresh ideas that serve clients’ best interests,” he said. “Alliant Employee Benefits is continuously on the cutting edge of the industry and shares our drive to innovate and serve.”
The acquisition marks the continued expansion of Alliant’s employee benefits footprint within the Northeast region. Also in 2014, Alliant acquired Pittsburgh-based Sagewell Partners, one of the nation’s largest disability and life consulting firms. Alliant is proactively seeking additional acquisition opportunities for both its employee benefits and property and casualty business in strategic markets throughout the nation.
The Camps Group’s executive team, client services team, and business development team will remain in place following the acquisition and will be housed in Alliant’s New York office at 320 West 57th Street. Terms of the acquisition were not disclosed.
Alliant Vice President to lead panel discussion addressing risk identification and mitigation techniques for transporting hazardous chemicals
NEWPORT BEACH, CA — Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, has announced that Christopher Alviggi, Vice President, Alliant Construction Services Group, has been selected to speak at the 2015 Claims and Litigation Management (CLM) Annual Conference. Alviggi and others will lead a panel discussion entitled “Transportation of Hazardous Chemicals - Risk Identification and Risk Mitigation Techniques,” which will address the various liabilities associated with transporting chemicals and hazardous substances.
“Many shippers, arrangers, owners, traders, and tolling operators are unaware of the risk they carry when transporting hazardous materials,” said Alviggi. “This presentation will clarify their associated threats and provide guidance on how to best mitigate the risk.”
With more than 20 years in the industry, Alviggi designs insurance programs that mitigate transactional risk for domestic and international clients. He has extensive experience with environmental liabilities and other areas of tort liability.
The CLM Conference is a premier networking and educational event for claims and administration professionals. Featuring more than 80 collaborative educational sessions and keynote presentations, the CLM conference provides professionals across a broad array of disciplines with the necessary knowledge to be at the forefront of the industry. This year’s conference will be held in Palm Desert, Calif. from March 25-27, 2015.
FEHBP specialist to focus on voluntary benefits for unions and association groups
NEWPORT BEACH, CA — Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, has announced that Al DiLeo has joined the company’s Employee Benefits Group as Vice President. The longtime union benefits expert will focus on marketing voluntary benefits to union and association groups throughout the U.S.
DiLeo has nearly two decades of experience with the Federal Employee Health Benefit Program (FEHBP). He has extensive experience with plan management and implementation and has directed numerous senior management teams to improve product offerings and reduce healthcare costs.
“The addition of Al DiLeo will enable us to provide strategic employee benefit consulting services that address the unique healthcare needs of both local and national unions and association groups,” said David Hudon, Executive Vice President, Benefits – East. “His depth of experience with the intricacies of FEHB plans is a tremendous asset to our growth and expansion.”
Prior to joining Alliant, DiLeo worked with a national employee benefits company, where he was responsible for membership retention and growth of the fourth-largest FEHB plan in the nation.
DiLeo holds a bachelor’s degree in business administration from Aurora University in Illinois and is a licensed producer in both healthcare and property and casualty in the state of Illinois. He will be based in the Cheshire, Conn. office of Alliant.
Property insurance expert to focus on national expansion of Alliant’s real estate practice
NEWPORT BEACH, CA — Alliant Insurance Services (www.alliant.com
), the nation’s largest specialty insurance brokerage firm, has promoted Michael Heid to Executive Vice President and Managing Director of its Real Estate Group. In this expanded role, he will focus on growing the company’s national real estate practice.
“Throughout his 17 years in the industry, Michael has emerged as a leader and innovator in the field of property insurance,” said Jeff Moench, Senior Managing Director with Alliant’s Real Estate Group. “We will tap his extensive knowledge of the marketplace and strong leadership skills as we continue to grow our real estate practice through innovative new platforms and services.”
Heid has played a central role in Alliant’s real estate practice since he joined the company in 2007, having worked with some of the world’s largest real estate investors and developers to insure property portfolios of various product types and sizes. He is the architect of Alliant’s Habitational Insurance Platform (HIP), which protects a substantial number of multifamily and single family rental assets for major investment portfolios.
“Michael is a proven expert in identifying and addressing the broad array of risks that investors face with their real estate portfolios,” said Ralph Hurst, President, National Brokerage Group of Alliant. “His keen understanding of the insurance and investment landscape is a driving force behind the expansion of the practice.”
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.