Alliant Insurance Services (Alliant), the P&C insurance broker, has launched its reinsurance brokerage division Alliant Re.
Alliant Re will leverage proprietary data and analytics, industry relationships and insurance experience to navigate market conditions and provide customised risk transfer solutions to protect insurers from losses.
The new division will help insurers expand underwriting capacity while managing risk exposure to ensure long-term viability and sustainable policyholder service. Reinsurance solutions include facultative insurance, deductible buy-downs, captives, individual risk placements and programmes.
Alliant has appointed Nicholas Ambriano as managing director and executive vice president to lead its new division. Ambriano joins the company from Aon.
Based in New York, Ambriano will build a client-focused reinsurance operation, growing a team of reinsurance professionals to deliver resources and client services to the marketplace.
Ambriano has more than 20 years of reinsurance experience at Aon, most recently overseeing its national facultative reinsurance operations, executive recruiting and handling of casualty accounts.
Peter Arkley, president of Alliant Retail P&C, says: “Nick brings exceptional value and expertise to benefit our clients as we establish Alliant Re as a leading reinsurance brokerage.”