Alliant acquires middle-market broker in NortheastReprints
Alliant Insurance Services Inc. on Wednesday said it has acquired Fair Haven, New Jersey-based Boynton & Boynton Insurance Professionals to increase its presence in the Northeast.
Terms of the deal were not disclosed.
Boynton & Boynton will operate as part of Alliant Americas, which serves the middle market, Newport Beach, California-based Alliant said in a statement.
Boynton & Boynton operates in New York, New Jersey, and Pennsylvania. The firm has 85 staff, manages $140 million in annual premium and represents 32 insurers, according to its website.
All the Boynton & Boynton staff will join Alliant, the statement said.
“Boynton & Boynton will provide a solid foundation of strength for our growing Northeast client base,” Tom Corbett, Chairman and CEO of Alliant, said in a statement. “The company’s long history of personal service and diverse offerings will further enhance our service platform and set the stage for continued growth throughout the region.”