Alliant Insurance Services Inc. has acquired BridgePoint Risk Management LLC, Alliant said in a statement Tuesday.
Terms of the transaction were not disclosed.
Greenwich, Connecticut-based BridgePoint provides coverage nationally for business owners, high-profile executives, athletes, entertainers, and collectors of fine art, jewelry, wine and automobiles, the statement said.
BridgePoint's 62 employees will continue to operate from its offices in Greenwich; Maumee, Ohio; Phoenix; and Palm Beach and Naples, Florida.
Tom Corbett, chairman and CEO of Alliant, said the deal will bolster the broker’s property/casualty and private client service teams.
Newport Beach, California-based Alliant is the ninth largest broker of U.S business, according to the most recent Business Insurance ranking.
Alliant Insurance Services Inc. has hired Dale Harshaw, Rocky Qualin and Geoff Shelton from Truist Insurance Service Inc. as senior vice presidents in its construction services group, the Newport Beach, California-based broker said in a statement Monday.