Alliant Insurance Services Acquires Melcher & Prescott

New Hampshire-based firm specializes in commercial and personal insurance, employee benefits and risk management services

IRVINE, Calif.--(BUSINESS WIRE)--Alliant Insurance Services, the nation’s leading specialty insurance broker, has expanded its presence in the Northeast through the strategic acquisition of Melcher & Prescott, an independent, full-service insurance agency and brokerage headquartered in Laconia, New Hampshire.

Founded in 1862, Melcher & Prescott provides commercial insurance, employee benefits and personal, life and health insurance to businesses and individuals across New England and surrounding areas.

“We’re pleased to welcome Melcher & Prescott to Alliant,” said John Harney, Executive Vice President, Senior Managing Director, Alliant. “This acquisition strengthens our presence in the Northeast and supports our continued growth, while bringing together two organizations committed to serving clients with expertise and service excellence.”

“Joining Alliant gives us the opportunity to build on Melcher & Prescott’s 164-year history of client service while bringing our clients and team access to the broader resources and specialized expertise of a leading national broker,” said Mike Sherman, Chairman and CEO, Melcher & Prescott. “We’re proud of the relationships we’ve built over generations and look forward to continuing to serve our clients as part of Alliant.”

Melcher & Prescott will transition to operate as Alliant Insurance Services.

About Alliant Insurance Services

Alliant Insurance Services marks a century of success as the nation’s leading specialty broker. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of risk solutions built on innovative thinking and personal service. The business of managing risk is complex, and Alliant meets this complexity head-on with creativity and agility. Alliant has changed the way our clients approach risk management and benefits, giving them complete access to our resources and expertise—regardless of where the resource is located—to capitalize on new opportunities to grow and protect their organizations and their people.

Alliant is recognized as a leading destination for top-tier brokerage talent in the U.S., attracting brokers and specialists across a diverse spectrum of disciplines who are eager to advance their careers. With the advantage of being majority employee-owned, professionals choose Alliant for autonomy, unparalleled resources, and a unique equity ownership opportunity. As a testament to our commitment to excellence, Alliant maintains an impressive producer retention rate and has earned Forbes’ prestigious title of one of America’s Best Large Employers.

Visit us at alliant.com. #TheMoreRewardingWay