Alliant Insurance Services has acquired Spokane, WA-based Farmin, Rothrock & Parrott (FRP) as part of its ongoing acquisition campaign in the Northwest. One of the region's most established names in insurance brokerage, FRP brings more than 90 years of service and a strong local reputation to Alliant. This marks Alliant's fifth acquisition in the Northwest since 2014 as the company continues to grow its Alliant Americas middle market division."Partnering with FRP expands our regional footprint and adds nearly a century of success to Alliant Americas," said Tom Corbett, Chairman and CEO of Alliant. "We continue to find outstanding opportunities for growth both in Spokane and throughout the greater Northwest, and remain focused on acquiring companies that have a proven history, entrepreneurial values, and unwavering dedication to servicing to local clients."
FRP was founded in 1922 and provides a full spectrum of commercial and personal insurance solutions to clients in Washington, Oregon, Idaho, and Montana. The company is known throughout the region for its proactive service, strong carrier relationships, and ability to match clients across a range of industries with competitively priced, customized insurance coverage.
"The people and businesses of the Northwest have specialized needs dictated by our dynamic regional economy, and FRP is wholly dedicated to building strong and long-lasting relationships with these clients," said John Richardson, President of FRP. "Joining Alliant will enable us to continue this 90-year commitment and add valuable resources and solutions that help us provide an even higher level of service to our clientele."
Richardson, along with FRP's entire management team and staff, will join Alliant and continue to service clients from its headquarters in Spokane. Terms of the agreement were not disclosed.
About Alliant Americas
Alliant Americas provides midsized businesses with targeted insurance, risk management, and consulting services. As a dedicated middle-market platform with offices throughout the United States, Alliant Americas delivers a range of products and services that are regionally focused and backed by the company's deep reservoir of research, resources, and talent. By "Thinking Forward," Alliant Americas deploys a total solution to its clients that goes beyond insurance to improve business outcomes.
About Alliant Insurance Services
Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. is one of the largest insurance brokerage firms in the United States and has a history dating back to 1925. Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to more than 26,000 clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups. More information is available on the company's web site at www.alliant.com.