Alliant Insurance Services Takes on Key Role for NYC Subway Expansion

Alliant Insurance Services has secured the role of insurance broker for Phase 2 of the Second Avenue Subway project, a crucial expansion involving a $2 billion construction phase commencing in September 2025. This appointment, resulting from a competitive request-for-proposal process, marks a significant win as Alliant builds on its experience with the Metropolitan Transportation Authority (MTA), having previously managed their Capital Plan owner-controlled insurance programs (OCIPs) 1 and 2. Notably, their initial efforts in OCIPs delivered savings of 2–3% of the project’s construction value, showcasing their prowess in underwriting and claims handling.

In this new engagement, Alliant will utilize a full delegated administration model to ensure seamless insurance program placement, policy administration, and risk management. Their proven track record includes providing on-site safety oversight and collaborating effectively with contractors and project owners, crucial for regulatory compliance and risk mitigation. The decision to appoint Alliant was strengthened by their deep understanding of New York’s regulatory and labor intricacies, as well as their capability to navigate complex environments with integrated safety and loss-control strategies.

The leadership at Alliant highlights their adeptness in steering large-scale public projects, focusing on their ability to deliver comprehensive solutions in insurance placement and full-scale project administration. As the MTA progresses with Phase 2, detailed program terms, binding authority arrangements, and market panel participations will be clarified, highlighting the impacts and responsibilities for contractors, brokers, and insurance carriers. This engagement reinforces Alliant's expansion into managing complex construction risks, providing unparalleled expertise in the insurance industry landscape.