Alliant Insurance Services to acquire Nava
Insurance broker Alliant Insurance Services has entered into an agreement to acquire benefits broker Nava Benefits.
Founded in 2019, Nava publicly disclosed $90 million in funding and its services include benefits strategy, carrier negotiations, renewals, compliance, automatic bill audits, and benchmarking, delivered through Nava HQ for HR teams and a companion app for employees.
Alliant and Nava intend to create a more connected operating model in which real-time intelligence, technology, and human expertise work together to improve benefits performance for employers and their people.
“AI is not an incremental change for our industry. It creates the opportunity to rethink how benefits are delivered from the ground up. This acquisition is about leading that transformation and building a model that is more connected, more responsive, and more capable of delivering measurable value for employers and the people they cover. Healthcare is deeply personal, and people deserve guidance when they need it most, not just during open enrollment. Together, Alliant and Nava will create a more connected benefits experience that gives employees greater confidence while helping employers deliver more value through their benefits programs.” – Kevin Overbey, President of Alliant Employee Benefits.
“Employers today expect more than traditional brokerage services. They need trusted advisors supported by intelligent technology that simplifies complexity and improves decision-making. Nava’s innovative platform, exceptional team, and entrepreneurial culture make the company a natural fit for Alliant as we continue investing in the future of employee benefits.” – Greg Zimmer, CEO of Alliant.
“We started Nava to make healthcare work better for the average American, and we’ve spent six years building a team obsessed with using technology to do it. This partnership pulls that future forward by a decade, helping millions of Americans get better care at lower cost. Alliant was the right partner because they share our entrepreneurial DNA and our conviction that this is the moment to build. I’m excited to build the insurance brokerage of the future together.” – Brandon Weber, CEO and Co-Founder of Nava Benefits.
