Alliant Insurance Services Inc. has strengthened its security operations with the acquisition of L A Surety Solutions LLC, and Pinnacle Surety and Allied Bonding, Alliant said in separate statements on Wednesday.
The terms of the agreements were not disclosed.
Louisville, Kentucky – based L A Surety will broaden the Alliance's security presence in the Southeast and add six security specialists to the Alliant. L A Surety was founded in 2013 and provides bidding, performance, payment, maintenance, delivery, court, license and permits and various bonds, the statement says.
Pinnacle Surety and Allied Bonding has offices in Costa Mesa, California, and Boise, Idaho, and will add 1
Founded in 1994, Pinnacle provides contracts, licenses and licenses, subdivisions and court bonds, and can provide a 24-hour round on the pre-programming of the bond program and the approval of bidding bonds.
Michael Cusack, chief operating officer of Alliant Specialty, said "Pinnacle Surety provides a powerful online platform" and complements the Alliance's existing Newport Beach security operations and strengthens security in Idaho.
Alliant Insurance Services, headquartered in Newport Beach, California, is the ninth largest American business broker, according to Business Insurance latest ranking. Catalog