EPIC Enters into Strategic Transaction with Alliant

SAN FRANCISCO, Oct. 13, 2015 /PRNewswire/ -- EPIC Insurance Brokers and Consultants has announced a mutually beneficial transaction of certain books of business to Alliant Insurance Services, including the customers of David Alvarado and a group of employees who came to EPIC in 2009 through the acquisition of VRT Insurance Services.

John Hahn, Co-founder and CEO of EPIC said, "I am pleased we were able to complete a transaction that was a win-win outcome for all parties including the customers related to the transaction. I would like to thank Dave and his team for their years of service and we wish them the very best at Alliant."

"The Construction Services Group is thrilled to have David and his team join Alliant in our San Francisco office," said Tom Corbett, Chairman and CEO of Alliant Insurance Services. "As the Bay Area construction industry continues to see significant growth, David's team will be an invaluable asset for us."

About EPIC:

Headquartered in San Francisco, EPIC Insurance Brokers and Consultants has nationwide presence with a depth of industry expertise across key lines of insurance, including commercial property and casualty, employee benefits, unique specialty program insurance, and private client services. Since its founding in 2007, EPIC has grown revenue from $12 million to an estimated run rate of $200 million through both organic growth and strategic acquisitions, and remains a fixture on the insurance industry's "Best Places to Work" lists. Its strategic partners include private equity firms The Carlyle Group and Stone Point Capital. To learn more, visit http://www.epicbrokers.com/.

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SOURCE EPIC Insurance Brokers and Consultants