Newport Beach, CA (PRWEB) January 07, 2014
Alliant Insurance Services (http://www.alliant.com), the nation’s largest specialty insurance brokerage firm, has acquired Pittsburgh-based Sagewell Partners, one of the nation’s largest disability and life consulting firms. The strategic acquisition reinforces Alliant’s deep expertise in employee benefits and adds significantly to its bench strength in consulting and services.
“Sagewell, through a commitment to innovation and value-added services, has built one of the most successful disability and life consulting firms in the U.S.” said Tom Corbett, Chairman and CEO of Alliant. “The addition of Sagewell’s talented professionals and extensive service platform will strengthen Alliant’s employee benefits practice as we continue our national expansion.”
Founded in 2006, Sagewell specializes in disability and life benefit plans, absence management solutions, and human resources consulting services. The firm’s potent blend of proactive service and targeted expertise has made it one of the most recognized and respected benefits consultants in the nation.
Sagewell is headed by CEO David Osterhaus, who will serve as Executive Vice President and Managing Director of Alliant. Joining Osterhaus as Executive Vice Presidents from Sagewell will be Robert Holland and Richard Fennell.
According to Osterhaus, the partnership will provide added value for the company’s existing and potential clients through expanded resources and services.
“This alliance will enhance our value proposition for clients and further our promise of providing the most personal and results-oriented service in the industry,” said Osterhaus. “Joining forces with Alliant gives us access to a national infrastructure and in-depth resources in a variety of key areas, including health and productivity, data analytics, and 24-hour absence management. We believe our best days are in front of us.”
Sagewell services a broad array of companies, ranging in size from under 500 to more than 50,000 employees, including some of the world’s most established and recognized brands. The firm employs professionals with diverse backgrounds and skill sets, enabling it to deploy value-added services to a broad range of industries.
Sagewell’s executive team, client services team, and business development team will remain in place following the acquisition. Terms of the acquisition were not disclosed.
About Alliant Insurance Services
Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. is one of the largest insurance brokerage firms in the United States and has a history dating back to 1925. Alliant provides property and casualty, workers’ compensation, employee benefits, surety, and financial products and services to more than 26,000 clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups. More information is available on the company’s web site at: http://www.alliant.com.