Alliant Insurance Services Acquires American Benefits Consulting

Δευτέρα, 12 Ιανουαρίου 2015 16:11

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, has acquired American Benefits Consulting (ABC)

, a leading employee benefits consulting firm with offices in New York and Pennsylvania. This marks Alliant’s third employee benefits acquisition in the Northeast region during the calendar year.
“ABC joins us with a long history of success, proven service platform, and an extensive roster of national and multinational clients,” said Tom Corbett, Chairman and CEO of Alliant. “This acquisition, combined with our additional activities in the region, positions Alliant to further expand the reach and influence of our growing Employee Benefits Group.”
Founded in 1979, ABC provides integrated employee benefits consulting services across four core business segments: voluntary benefits, group insurance, executive benefits, and international benefits. The firm delivers strategic benefits solutions focused on employee retention and cost reduction to a national roster consisting primarily of Fortune 500 companies.
ABC is headed by Peter Worth, who joins Alliant as Vice Chairman, Employee Benefits. The four additional principals, Eric Levy, Craig Guiffre, Jeffrey Jones, and Paul Connolly, will join Alliant as Senior Vice Presidents, Employee Benefits. According to the ABC executive team, the partnership with Alliant is based on a continued commitment to excellence and on the objective of designing and negotiating customized employee benefits programs to help clients remain competitive.
“ABC was started by developing innovative solutions for large companies that, in many cases, have effectively changed the corporate marketplace,” said Worth. “Our clients rely on us to provide proactive consulting and negotiating talent that is built around their business model. Alliant shares this approach and will provide valuable resources and relationships to ensure that our client base continues to grow and receive the most cost-effective and innovative benefits solutions in the market.”
ABC joins Alliant with an extensive voluntary benefits technology platform dedicated to client communications, security and compliance, and program efficiencies. Its staff of approximately 50 employees has diverse expertise in actuarial science, underwriting, and plan administration.

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