Alliant buys credit agency, consulting firm

Alliant Insurance Services Inc. on Friday announced it has acquired Seafax Inc., a credit information company, and Stance Renewable Risk Partners, an insurance due diligence and consulting firm.

Portland, Maine-based Seafax is a credit reporting agency for the food industry.

“The Seafax platform gives clients insights into a potential customer’s financial stability as well as payment history, thus helping to protect our clients’ downside,” said Peter Arkley, president of Alliant Specialty.

The announcement came one day after Alliant announced it had purchased a trade credit and political risk insurance broker.

San Anselmo, California-based Stance is an insurance due diligence and consulting firm specializing in renewable energy.