ASURA Risk and specialises in workers compensation and risk management solutions. Credit: Shutterbug75 from Pixabay.

US-based Alliant Insurance Services has acquired ASURA Risk to bolster its middle-market presence in property and casualty, employee benefits, and risk management.

Domiciled in Northern California, the acquired firm specialises in offering workers compensation and risk management solutions.

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Founded in 2010, ASURA Risk offers a full range of commercial insurance, property and casualty, employee benefits, and risk management solutions.

Under the agreement, Kevin Kilty, principal with ASURA Risk, along with fellow principals Greg Miller and Jon Wheeler, and the entire ASURA team, will join Alliant.

ASURA Risk’s team will continue to operate from its headquarters located in San Ramon, California.

Alliant chairman and CEO Tom Corbett said: “The ASURA team brings extraordinary value to its clients through their ability to look at an organization’s total risk picture and deliver powerful solutions that protect them for the long-term.

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“Their proven formula of strategy, relationships, and ethical business practices melds seamlessly with Alliant’s service philosophy.”

Kilty added: “Partnering with one of the most dynamic insurance organisations in the nation will unlock extraordinary resources across all facets of our business.”

“This will enable us to provide an even higher level of service for our clients; one that is both comprehensive and tailored to their needs.”

In January this year, Alliant acquired Connecticut-based brokerage firm BridgePoint Risk Management for an undisclosed amount.

It specialises in customised commercial and personal risk management solutions for individuals, families, and business owners.