Newport Beach, California-based Alliant Insurance Services has acquired Engel Agency Inc., located in the Chicago area.
Family owned and operated, Engel Agency, led by President Paul Engelhard, has a strong institutional knowledge of the Illinois insurance market. The company has expertise in a broad array of industries and specializes in serving freight, ocean marine, manufacturing, and distribution clients. The firm also offers a full suite of personal insurance products that includes home, auto, life, errors and omissions, and more.
Engel Agency will maintain its current leadership and will continue to service its diverse portfolio of clients. As part of the Alliant family of companies, Engel Agency will relocate its operation to Alliant’s Bannockburn, Illinois, office.
Terms of the agreement were not disclosed.
Source: Alliant Insurance Services Inc.
Was this article valuable?
Here are more articles you may enjoy.
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
