Alliant continues California expansion with P&C acquisition
Alliant continues California expansion with P&C acquisition | Insurance Business America
Insurance News
Alliant continues California expansion with P&C acquisition
Transaction is the second in a week for the firm
Insurance News
By
Kenneth Araullo
A day following a major transaction, Alliant Insurance Services has now announced the acquisition of Vinsa Insurance Associates in a move that signifies an expansion of its Alliant Public Entity division within California.
Vinsa, an independent property and casualty insurance agency located in Lancaster, California, is known for its specialization in crafting insurance solutions for both commercial and personal clients, with an emphasis on serving public entity organizations.
Daniel Howell, managing director of Alliant Public Entity, commented on the acquisition, highlighting Vinsa’s longstanding partnership with Alliant and its pivotal role in the High Desert communities north of Los Angeles.
“Vinsa has been a long-term partner of Alliant Public Entity and, as the leading commercial insurance broker in the High Desert communities north of Los Angeles, we look forward to setting new industry standards for client service in this growing region of California,” Howell said.
From Vinsa’s perspective, the integration into Alliant represents a strategic move to enhance its service offerings and growth potential. John Massari, president of Vinsa Insurance Associates, expressed enthusiasm about the partnership’s benefits.
“Due to our long-term partnership on public entity accounts, Alliant is the natural partner to help retain and grow our account base,” Massari said. “This is an exciting opportunity to accelerate our growth trajectory, elevate the level of service we provide to our clients and exceed the expectations of those who trust us with their protection.”
Following the acquisition, Vinsa Insurance Associates will continue its operations under the Vinsa brand.
This latest acquisition comes on the back of another recent purchase for the brokerage, with Alliant announcing its deal for Property Owners Protection Insurance Company, LLC (POPIC), a captive program manager specializing in serving the multifamily and single-family residential real estate sectors.
In March, Alliant also made strides in expanding its portfolio with the introduction of a national specialty lending insurance brokerage practice, designed to address the requirements of lending institutions that operate within specialized markets.
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