Alliant Insurance Services has been selected by the Metropolitan Transportation Authority, North America’s largest transportation network, as insurance broker for Phase 2 of the Second Avenue Subway, a $2 billion project that began in September 2025 and is expected to take four years to complete.
Alliant is credited with saving the MTA approximately 2–3% of its estimated construction value through the initial OCIP program, delivering meaningful cost reductions across large-scale capital projects.
As a result, the MTA awarded the Phase 2 OCIP to Alliant following a competitive RFP process that included three major brokerage firms.
The decision was reportedly based on the strength and depth of Alliant’s specialised OCIP teams, as well as the substantial savings achieved under the initial programs.
Working with a broad range of leading property owners, developers, and contractors in New York, Alliant explained that its construction and public-entity insurance specialists bring deep familiarity with the challenges unique to OCIPs.
This includes a detailed understanding of New York–specific regulations, labour laws, and project owner requirements that can materially affect how these programs are structured and managed.
Peter Arkley, President, National Brokerage, Alliant, commented, “The MTA win demonstrates Alliant’s credibility and competency in broking the most complex construction projects in the public entity space.
“Beyond placing insurance solutions, projects of this scale require a partner that can manage all associated administration through the life of the project, and our team has proven an exceptional ability to navigate these comprehensive risk complexities.”
