Firm serves clients in Greater Houston area with commercial and personal lines and employee benefits insurance

IRVINE, Calif.--(BUSINESS WIRE)--

Alliant Insurance Services, the nation’s leading specialty broker, has expanded its footprint in Texas with the strategic acquisition of Highpoint Insurance Group, a multi-line broker located in Friendswood.

Highpoint Insurance Group, with 44 employees, will operate as Alliant following the acquisition. The firm serves the middle market in the Greater Houston area, with commercial and personal lines and employee benefits insurance, and particular opportunity for growth in the oil and gas and construction and surety industries.

“In establishing and growing their business to reach impressive success, Highpoint has demonstrated principles that align with Alliant in their entrepreneurial approach and commitment to organic growth,” said Todd Yomtov, Managing Director, Alliant Americas. “We are confident they will continue to thrive while leveraging the depth of expertise Alliant provides through its nationwide specialty verticals.”

“We remain committed to organic growth, client service excellence and employee empowerment—our founding principles which create seamless alignment with Alliant’s core values,” added Brandon Smyrl, CRIS, president and co-founder of Highpoint Insurance Group. “With the backing of Alliant’s nationwide resources and expertise, this partnership will heighten the ongoing success of our clients and provide additional growth opportunities for our team.”

The acquisition is the second in Texas for Alliant in the past month, following McAfee Insurance Agency in Mercedes, a leading insurance service provider in East Texas.

MarshBerry served as financial advisor to Highpoint Insurance Group for the transaction.

About Alliant Insurance Services

Alliant Insurance Services marks a century of success as the nation’s leading specialty broker. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of risk solutions built on innovative thinking and personal service. The business of managing risk is complex, and Alliant meets this complexity head-on with creativity and agility. Alliant has changed the way our clients approach risk management and benefits, giving them complete access to our resources and expertise—regardless of where the resource is located—to capitalize on new opportunities to grow and protect their organizations and their people.

Alliant is recognized as a leading destination for top-tier brokerage talent in the U.S., attracting brokers and specialists across a diverse spectrum of disciplines who are eager to advance their careers. With the advantage of being majority employee-owned, professionals choose Alliant for autonomy, unparalleled resources, and a unique equity ownership opportunity. As a testament to our commitment to excellence, Alliant maintains an impressive 99% producer retention rate and has earned Forbes’ prestigious title of one of America’s Best Large Employers.

Visit us at alliant.com. #TheMoreRewardingWay

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Source: Alliant Insurance Services