Alliant Insurance coverage Companies has launched its nationwide specialty lending insurance coverage brokerage follow, designed to handle the necessities of lending establishments that function inside specialised markets. It would present personalized options aimed in danger mitigation and protection optimization.

In line with Alliant, the follow addresses the rising complexity lending establishments encounter inside area of interest sectors. It would concentrate on quite a lot of insurance coverage areas essential to the lending trade, together with:

• Particular mortgage bankers constancy bond and errors & omissions (E&O)
• Mortgage bankers skilled legal responsibility
• Mortgage impairment
• Lenders positioned insurance coverage (LPI)
• Actual property owned (REO)
• Supplier open lot (DOL)
• Dealer surety bond (State licensing bond)
• Cyber legal responsibility
• Administration legal responsibility, overlaying administrators and officers (D&O), employment practices legal responsibility (EPL), and fiduciary legal responsibility
• Property & casualty, together with employees compensation

“Our specialty lending insurance coverage brokerage follow is a direct response to the intricate challenges and alternatives current throughout the specialty lending sector,” Alliant Specialty managing director Ron Borys stated. “Our dedication lies in offering cutting-edge insurance coverage options that not solely defend our shoppers’ pursuits but additionally help their progress and success.”

Different current developments for Alliant

The brand new follow comes on the heels of a string of high-profile appointments for the brokerage. Lately, Alliant introduced the appointment of Lou Spina as senior vice chairman inside its Alliant Specialty division, enhancing the agency’s surety operations in New York.

In February, it additionally bolstered its workforce with the addition of two seasoned professionals, Matt Cohan and Frank Ross, to its worker advantages group and Alliant Americas division, respectively.

The dealer additionally introduced an enlargement for its New Jersey and Southeastern Pennsylvania markets with the addition of Michael Lezynski as government vice chairman throughout the Alliant Americas division.

Earlier this 12 months, Alliant additionally revealed the appointment of a brand new senior vice chairman, with Todd Schwartz taking up the position for Alliant Specialty, primarily based in Miami.

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