Newport Beach’s Alliant Insurance Services acquired Boynton & Boynton Insurance Professionals to continue its expansion in the northeast. Terms of the agreement were not disclosed
Boynton & Boynton, based in Fair Haven, N.J., is one of the region’s largest private insurance agencies with more than 80 professionals and a client base in a variety of industries, Alliant said.
Boynton & Boynton will operate as part of Alliant Americas, which provides the middle market with regionally focused insurance products and services.
Boynton & Boynton President Jay Lynch and the management and staff will join Alliant and continue to service clients from its offices in New Jersey and Pennsylvania.
Alliant, the largest insurance broker in Orange County, is one of the fastest growing companies here. It reported sales of $968 million for the 12-month period ended June 30, 2016, 17% higher than two years ago.
It also ranked 17th on our list of largest private companies.
This year, Alliant has purchased SES Insurance Brokerages Inc. of Santa Ana and Summit Insurance Resource Group of Sandpoint, Idaho.