Alliant’s Inland Northwest Expansion Continues with Acquisition of Summit Insurance Resource Group

Alliant continues rapid growth in the region, adding one of Idaho’s most multifaceted insurance agencies

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Alliant Insurance Services’ dynamic expansion across the Inland Northwest region rolls on with its acquisition of Summit Insurance Resource Group. The addition of the Sandpoint, ID brokerage is the latest in a series of planned acquisitions throughout Eastern Washington and Northern Idaho as Alliant continues to add high-performing regional firms to its growing Alliant Americas division.

“As the Inland Northwest continues to grow and diversify, Summit has emerged as a leader in insurance brokerage, offering a diverse mix of products and services,” said Tom Corbett, Chairman and CEO of Alliant. “Summit’s strong commitment to service, entrepreneurialism, and product choice is an ideal fit for our organization as we continue to expand our service offerings to clients in the region.”

One of Idaho’s most established names in brokerage, Summit provides a full spectrum of commercial and personal insurance solutions. Founded on the principle that businesses and individuals should have access to insurance for all of life’s “unexpected turns,” the company offers a range of products and services that includes homeowners, auto, business, health, life, toy (recreational), umbrella/excess liability, and more.

Summit will operate as part of Alliant Americas, which provides the middle market with regionally focused insurance products and services through a dedicated platform. The continued expansion of the division has provided Alliant with the flexibility to partner with regional insurance agencies spanning a breadth of sizes and specialties, united by a shared commitment to service and entrepreneurialism.

“Summit has always focused on offering clients a broad choice of products and solutions, all backed by prompt, personal service,” said Angela Oakes, the company’s owner. “Alliant’s strong regional presence and deep resources will enable us to offer an even higher level of service to our growing client base, while remaining true to the values that guided us to where we are today.”

Oakes, along with the entire Summit management team and staff, will join Alliant and continue to service clients from its Sandpoint offices. Terms of the agreement were not disclosed.

About Alliant Americas

Alliant Americas provides midsized businesses with targeted insurance, risk management, and consulting services. As a dedicated middle-market platform with offices throughout the United States, Alliant Americas delivers a range of products and services that are regionally focused and backed by the company’s deep reservoir of research, resources, and talent. By “Thinking Forward,” Alliant Americas deploys a total solution to its clients that goes beyond insurance to improve business outcomes.

About Alliant Insurance Services

Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. provides property and casualty, workers’ compensation, employee benefits, surety, and financial products and services to clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups. More information is available on the company’s website at www.alliant.com.

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Alliant Insurance Services

Lynda Lane

Senior Vice President and Corporate Director

Marketing and Corporate Communications

949-260-5050

llane@alliant.com

Source: Alliant Insurance Services