Newport Beach-based Alliant Insurance Services Inc. purchased Summit Insurance Resource Group to expand in northern Idaho and eastern Washington. Terms of the agreement weren’t disclosed.
Summit, based in Sandpoint, Idaho, will operate as part of Alliant Americas, which provides the middle market with regionally focused insurance products and services.
Summit owner Angela Oakes and the rest of her company will join Alliant and continue to service clients from its Sandpoint offices.
Alliant, the largest insurance broker in Orange County, is one of the fastest growing companies here. It reported sales of $883 million for the 12-month period ended June 30, 53% higher than two years ago.
