Alliant Acquires Preferred Concepts to Expand MGA Business

Alliant Insurance Services announced the acquisition of Preferred Concepts, an insurance underwriter and wholesale broker based in the Tri-state area, in order to expand its managing general agent practice.  The acquisition marks the third MGA business taken over by Alliant, with the company’s chief executive officer saying that Alliant is trying to expand its business due to MGA growth nationwide.  “Preferred Concepts has the underwriting discipline and broker-centric service that defines Alliant and solidifies our leadership position in both the real estate and MGA bu...