The practice will be led by Orlando Aguirre, Alliant Specialty SVP, based in Houston, Texas. Aguirre and his team will focus on surety programmes that offer cost savings, increased surety credit capacity, and liquidity solutions for both public and private sector clients. The establishment of this practice aligns with Alliant’s efforts to strengthen its surety foothold.
Aguirre brings vast experience to the role, having worked with over 400 commercial surety clients across the energy, healthcare, and commercial industries. Prior to joining Alliant in 2021, he managed surety operations across Texas, Louisiana, and Oklahoma for a leading national brokerage.
His expertise also includes creating products that enhance clients’ liquidity by substituting letters of credit with more innovative options.
Michael Cusack, Alliant Specialty EVP, said: “Orlando has demonstrated exceptional leadership within our Energy & Marine surety business, displaying the energy and vision needed to establish Alliant’s presence in the commercial surety arena.
“Alliant is dominant in the contract surety space. Formalising our commercial surety practice will further the specialised expertise we offer clients through creative and bespoke solutions that address growing risk complexities across all industries.”
Alliant’s growth has been defined by a series of acquisitions, including the recent purchase of Advanced Benefits, an employee benefits consultancy, and Vinsa Insurance Associates, a property and casualty insurance agency with a focus on public entity organisations.
Furthermore, earlier this year Alliant also acquired Property Owners Protection Insurance Company, a captive programme manager serving the residential real estate sector.
