Alliant
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The dispute follows a complaint McGriff filed against Alliant and 3 former execs, accusing them of “breaching their valid and enforceable restrictive covenants.”
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In his new position, the executive will oversee the operations of the company’s 13 specialty divisions.
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The brokers asked a judge to adjourn the conference set for Thursday after reaching an agreement to settle the case.
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The executive joined Alliant in 2011 and until recently was president of the broker’s specialty division.
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Alliant has hired Brittany Thune Lindberg as vice president, mergers and acquisitions.
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According to a recent M&A risks market report, nearly 70% of US transactions use R&W coverage and four out of five PE deals in North America use M&A insurance.
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In his new role, Chris Murphy’s will lead Alliant’s surety platform to support the bonding needs of domestic and international contractor needs.
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Houston-based James Breaux will create customized risk management and P&C products for client businesses.
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Higher returns are available, but at the cost of increased revenue risk, slower results and potential cultural challenges.
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Based in Tampa, the executive will oversee customized P&C insurance programs across the Southeast.
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The executive will oversee the management professional lines operations, including product liability and clinical trials liability.
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In his new role, the executive will provide risk management services to Alliant’s healthcare, life sciences and technology clients.
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