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California broker purchases commercial aviation agency

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Alliant Insurance Services Inc. on Wednesday said it has acquired Seattle-based John F. Throne & Co.

The terms of the acquisition were not disclosed.

John F. Throne & Co. is an independently owned agency that provides insurance and risk management solutions to commercial aviation companies in the United States, Alliant said in a statement.

John F. Throne & Co.’s leadership, client services, and business development teams will continue to operate in Seattle.

“We are fortunate to have one of the most influential firms in the aviation industry join us in a lead role,” Tom Corbett, chairman and CEO of Alliant, said in the statement. “In an ever-changing market climate, John F. Throne & Co. has continued to adapt and innovate, and its reputation for service and expertise echoes our company’s core values.”

Alliant Insurance Services is the 12th-largest broker of U.S. business, according to Business Insurance’s latest ranking.