14 September 2022Services

Kranz takes SVP role at Alliant Insurance Services

Pete Kranz has joined  Alliant Insurance Services as a senior vice president for Alliant Specialty. He will lead their risk finance and strategic consulting solutions with a focus on helping Alliant's clients explore alternative risk financing options outside of traditional insurance offerings.

“In recent years, we have seen more clients explore and ultimately use some sort of alternative risk financing,” said Michael Cusack, executive vice president, Alliant Specialty. “Pete’s knowledge and experience in this area allow us to provide a more robust offering for our clients.”

Krantz added "I am truly excited about joining Alliant to focus on risk financing and strategic solutions! I've been incredibly fortunate throughout my career to have had great colleagues, mentors and friends. While it's always difficult to make a change after 17+ years, I'm beyond excited to join an organization as strong, cohesive and focused as Alliant. I will be focusing on where my passion is - bringing, and developing, creative solutions for businesses that need and deserve a new way of thinking about risk financing."

The risk finance and strategic consulting team will be focused helping Alliant's clients to evaluate and quantify their risk tolerance and appetite. With this information, they then will explore a broad spectrum of potential risk financing options to find the most efficient risk retention and risk transfer structures for each organization.

Prior to Alliant, Kranz spent the past 17 years with a national insurance brokerage firm, most recently leading the captive management and consulting practice, one of the world’s largest and most recognized practices.  Prior to that position, he spent his first 10 years in public accounting supporting clients with audit, tax, business consulting and advisory services.