US specialty insurance broker Alliant Insurance Services has announced the acquisition of TCOR Management, a Texas-based risk management firm.
Founded in 1972, TCOR provides commercial insurance to the energy and construction industries as well as surety, loss control services, and employee benefits.
The company has offices in New Braunfels, Beeville, and Tyler, and is expected to expand the Alliant Energy & Marine talent base by 50 specialists, while broadening the surety footprint across Texas.
“The TCOR core values are aligned with ours,” said Tom Corbett, Chairman and CEO of Alliant.
“Together we will remain highly committed to selflessly serving our clients, team members, and communities, all while building a more powerful presence in Texas.”
Rick Dudney, Managing Partner of TCOR, also commented: “Much like Alliant, TCOR’s success lies in our entrepreneurial, highly focused, and team-oriented culture. Our vision is, and always will be, based in superior servicing.”
“Joining forces with Alliant provides powerful access to resources and people who will help us continue on this mission,” Dudney added.
Dudney, along with the entire TCOR team, will join the Alliant Energy & Marine group and continue serving clients from its Texas office locations.