T&H Group is headed by CEO Walter Harris, who will serve as vice chairman of Alliant and become a member of Alliant's senior management team.
Mr Harris has been with T&H for more than 30 years, and the business has been led by his family for over 40 years. Other key executive officers of T&H are Richard Ferrucci, a veteran with more than 40 years of experience in the surety and construction insurance industry , and Richard Fleder, who has 35 years of experience in the employee benefits industry and has served on the boards and advisory councils of numerous insurance carriers.
Tom Corbett, chairman and CEO of Alliant, said: â€œThe acquisition of such a well-established and highly respected insurance brokerage company as T&H Group represents tremendous opportunity for Alliant Insurance Services.
â€œT&H and Alliant are great strategic, operational, and philosophical matches for each other on nearly every level of business, from diversity of services to the specialized industries we serve, to the size and type of clients we target, to our respective commitments to providing highly responsive, personalized service.â€
Mr Harris said: â€œSince it provides T&H Group with greatly expanded resources, market relationships, and specialized services that will enhance the value we deliver to our clients. With Alliant as our partner, T&H Group will be able to leverage our combined knowledge and expertise with improved market positioning to deliver better products and services at better costs than the competition.â€
Will the acquisition benefit Alliant?
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