Alliant Insurance Services Selected as Broker for $2B Tunneling Phase of Second Avenue Subway Mega Project

Business Wire

Based on proven expertise with large-scale construction projects amid New York regulatory environment, MTA selects Alliant for Phase 2 of massive NYC tunneling project

IRVINE, Calif.--(BUSINESS WIRE)--
Alliant Insurance Services, the leading specialty broker, was selected by the Metropolitan Transportation Authority, North America's largest transportation network, as the insurance broker for Phase 2 of the Second Avenue Subway project. The $2B project commenced in September 2025 and is expected to be completed over four years.

As the current broker for MTA’s Capital Plan OCIPs 1 and 2, Alliant marketed and placed both programs and has provided all related OCIP services including administration, claims, safety and loss control. With the initial OCIP program, Alliant saved the MTA 2-3% of its estimated construction value. The MTA awarded the Phase 2 OCIP to Alliant following an RFP process with three major brokers, due to the strength and expertise of its specialized teams and the substantial savings achieved on the initial OCIPs.

Working with a significant range of leading property owners, developers and contractors in New York, Alliant’s construction and public entity insurance specialists have an acute understanding of the specific challenges relating to OCIPs and, in New York specifically, the regulations, labor laws and project owner requirements that impact clients.

“The MTA win demonstrates Alliant’s credibility and competency in broking the most complex construction projects in the public entity space,” said Peter Arkley, President, National Brokerage, Alliant. “Beyond placing insurance solutions, projects of this scale require a partner that can manage all associated administration through the life of the project, and our team has proven an exceptional ability to navigate these comprehensive risk complexities.”

As the leading specialty broker and the largest contract surety broker, Alliant is the market leader for complex construction projects, with an unparalleled offering that includes risk engineering, claims advocacy, safety consulting and loss prevention to improve project risk profiles, achieve more favorable underwriting outcomes and meet the needs of large, complex projects.

About Alliant Insurance Services

Alliant Insurance Services marks a century of success as the nation’s leading specialty broker. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of risk solutions built on innovative thinking and personal service. The business of managing risk is complex, and Alliant meets this complexity head-on with creativity and agility. Alliant has changed the way our clients approach risk management and benefits, giving them complete access to our resources and expertise—regardless of where the resource is located—to capitalize on new opportunities to grow and protect their organizations and their people.

Alliant is recognized as a leading destination for top-tier brokerage talent in the U.S., attracting brokers and specialists across a diverse spectrum of disciplines who are eager to advance their careers. With the advantage of being majority employee-owned, professionals choose Alliant for autonomy, unparalleled resources, and a unique equity ownership opportunity. As a testament to our commitment to excellence, Alliant maintains an impressive producer retention rate and has earned Forbes’ prestigious title of one of America’s Best Large Employers.

Visit us at alliant.com. #TheMoreRewardingWay