A Seattle-based aviation insurance company, John F. Throne & Co., one of the nation's largest independently-owned aviation insurance agencies, was recently acquired by insurance brokerage firm, Alliant Insurance Services.
"Alliant has a proven history of performance in insurance brokerage," said Michael Throne, President and CEO of John F. Throne & Co. "This partnership will solidify our legacy of service to the aviation industry, adding valuable tools and resources to our arsenal."
According to the press release of Alliant in Business Wire, John F. Throne & Co., which is named after its founder, was founded in 1951 and has been building an unrivaled reputation for delivering meticulously crafted insurance programs for over 65 years. The company provides commercial aviation companies throughout the United States with a broad range of insurance and risk management solutions. John F. Throne & Co. is considered to be one of the most disciplined and service-oriented insurance partners in the aviation industry.
"We are fortunate to have one of the most influential firms in the aviation industry join us in a lead role," said Tom Corbett, Chairman and CEO of Alliant. "In an ever-changing market climate, John F. Throne & Co. has continued to adapt and innovate, and its reputation for service and expertise echoes our company's core values."
With the acquisition, the current leadership, client services, and development teams of John F. Throne & Co. will continue working in their positions.
Alliant Insurance Services, Inc. is a California-based insurance brokerage firm that provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services. Founded in 1925, Alliant currently serves more than 26,000 clients, which include public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups, nationwide. Alliant's solution-focused commitment to meeting the unique needs of their clients, guarantees the deliverance of the most innovative insurance products, services, and thinking in the industry.