Alliant acquires Vertus

Insurance brokerage firm Alliant Insurance Services announced it has acquired employee benefits provider Vertus Benefits . The acquisition adds a diverse profile of services and global benefits capabilities to the company’s Employee Benefits Group.

“In a crowded benefits marketplace, Vertus and its talented team of professionals have consistently separated itself from the pack by offering a broad spectrum of solutions backed by a proven commitment to personal service and advocacy for its clients. The firm’s innovative approach to the benefits process will meld seamlessly with Alliant’s longstanding commitment to client-centric benefits consulting.” –  Tom Corbett, Chairman and CEO of Alliant.

Founded in 1994, Vertus provides a diversified portfolio of services and solutions to a national client base that includes medical and RX, dental, life, disability, absence management, and voluntary benefits. The firm also has a Global Benefits practice that supports businesses with overseas operations, helping them navigate the complex global benefits landscape.

“Vertus has realized significant growth in the marketplace by questioning the status quo of a ‘service provider’ and acting as a steadfast advocate for our clients. Joining forces with Alliant aligns us with an organization that shares our service-first culture and provides a broad range of new resources and solutions that will only enhance our ability to provide our clients with first-class benefits programs that are efficient, cost-effective, and results-oriented.” – Mike Malouf, Managing Principal with Vertus.

Malouf will join fellow Principals Dan Papajcik, Dan Yost, and Chris Burns, along with the entire Vertus team, at Alliant. Vertus will continue to service its growing client base from its Bannockburn, IL, headquarters. Terms of the agreement were not disclosed.