The Blackstone Group has struck a deal to buy its first insurance broker - Alliant Insurance
The Blackstone Group is to buy its first insurance brokerage firm, the privately held Alliant Insurance Services.
Terms of the deal were not disclosed, but reports said Blackstone, who is buying Alliant from private equity firm Lindsay Goldberg, will pay $1.2bn.
The deal comes nine months after Alliant announced plans to buy the US operations of Jardine Lloyd Thompson for $100m.
Blackstone's Senior Managing Director Chinh Chu said: "Alliant is an attractive platform due to its market leadership in its core segments (and) superior growth prospects."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
