Alliant Insurance Services has strengthened its national commercial surety practice with the addition of three seasoned executives. Jeff Leadley, Glenn Pelletiere, and Tom Rhatigan have joined the firm as senior vice presidents within Alliant Specialty, where they will focus on developing and managing large-scale surety programs across various industries.
Experienced Leaders Bolster Alliant’s Surety Capabilities
Jeff Leadley, Based in Chicago, he brings 25 years of expertise in managing commercial surety programs, He has worked on some of the largest and most complex surety accounts in the United States. Before joining Alliant, he served as Regional Managing Director at a leading global brokerage, where he oversaw strategic growth initiatives and client management.
Glenn Pelletiere, operating from New York City, offers 35 years of experience in commercial surety. He has a strong track record of working with Fortune 500 companies and large regional organizations. Prior to joining Alliant, Pelletiere served as the Northeast surety zone leader for a global broker, where he was instrumental in structuring surety programs for both domestic and international clients.
Tom Rhatigan, also based in New York, has 28 years of experience in surety underwriting and brokerage. He has previously worked with major global brokers, focusing on business development and designing commercial surety programs tailored to client needs.
Positive Outlook for the US Surety Market
The US surety market is projected to maintain its upward trajectory into 2025. According to a recent report from AM Best, the sector has continued to generate strong underwriting profits throughout 2023 and 2024, driven by robust premium growth.
This sustained expansion is attributed to increased construction and infrastructure investments, supported by recent legislative measures. Key policies such as the Infrastructure Investment and Jobs Act, the Inflation Reduction Act, and the CHIPS and Science Act have significantly bolstered public sector spending, further fueling demand for surety solutions.
With these strategic hires, Alliant Insurance Services is well-positioned to enhance its commercial surety offerings and support clients navigating the evolving market landscape.
