Alliant Insurance Services has hired three executives to join the company’s national commercial surety practice.
Jeff Leadley (pictured above, on the left), Glenn Pelletiere (pictured above on the right) and Tom Rhatigan will all join the company as senior vice presidents in Alliant Specialty, where they will focus on developing and managing large surety programs across various industries.
They will work with Orlando Aguirre, national commercial surety practice leader, to expand the platform, which was launched in August 2024. The company said this addition aligns with its goal of strengthening its presence in the commercial surety market.
Leadley, who will be based in Chicago, has 25 years of experience managing commercial surety programs. He has worked on some of the largest and most complex surety accounts in the US. Before joining Alliant, he served as regional managing director for a global brokerage, where he was responsible for strategic growth and client management.
Pelletiere, who will be based in New York City, has 35 years of commercial surety experience, primarily working with Fortune 500 companies and large regional organizations. He previously served as Northeast surety zone leader for a global broker, where he developed surety programs for both domestic and international clients.
Meanwhile, Rhatigan, who will also be based in New York, has 28 years of experience in surety underwriting and broker. He previously worked for large global brokers, focusing on business development and structuring commercial surety programs.
“The decades of surety experience and expertise that Jeff, Glenn and Tom bring to Alliant strengthens and elevates our national commercial surety platform and will propel our nationwide growth,” said Michael Cusack, executive vice president of Alliant Specialty. “The focus and expansion of our commercial surety practice builds on our current position as the nation’s largest contract surety broker.”
The surety market in the US is expected to continue its growth in 2025. According to a report from AM Best, the US surety insurance market has sustained its strong underwriting profits from 2023 and 2024 as premium growth remains robust.
These results are due to the rise in construction spending and certain public infrastructure spending, as well as legislation that recently took effect, including the Infrastructure Investment and Jobs Act, the Inflation Reduction Act and the CHIPS and Science Act which have significantly increased public sector spending.
Alliant Insurance Services was recognized as the top USA Insurance Companies with the Best Diversity and Inclusion Programs. Read the full report for 5-Star Diversity, Equity, and Inclusion here.
