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Michael Foy Joins Alliant Insurance Services to Lead Defined Contribution Sales on the West Coast


June 9, 2011 - Newport Beach, CA

Alliant Insurance Services (www.alliantinsurance.com), the nation's largest specialty insurance brokerage firm, has announced that Michael F. Foy has joined Alliant Retirement Services (www.alliantretirementservices.com), the company's national retirement services group, as Vice President, Lead Consultant for sales, marketing, and servicing of defined contribution clients on the West Coast.

Foy will be based in the company's Newport Beach office and will also work from offices in San Diego and San Francisco. A Certified Financial Planner (CFP®), he has more than 20 years of experience in financial services, including defined contribution investment only (DCIO), bundled intermediary, and bundled direct sales.

Foy joins Alliant from AllianceBernstein, a New York-based global investment firm, where he served as Defined Contribution Consultant for the Pacific Southwest region for the past five years. Before that he was Regional Vice President for MFS Retirement Services; Vice President, Regional Sales Director for Prudential Retirement; and Senior Vice President, Chief Investment and Trust Officer for PriVest Bank in Costa Mesa, CA.

"Michael Foy brings an uncommonly broad knowledge of the defined contribution market to our company," said Rob Schanen, Senior Executive Vice President and Managing Director, Employee Benefits Group. "Mike has an outstanding record of utilizing consultative sales practices to add value to clients and prospects and is focused on improving outcomes for clients. He has an in-depth understanding of mutual funds, sub-accounts, stable value funds, collective trusts, and other complex investment products, as well as a proven ability to analyze investment selection and ongoing performance of all asset classes."

Foy earned his MBA from the University of California, Irvine and holds a BA degree from St. Mary's College in Moraga, CA.

About Alliant Insurance Services

Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. is one of the largest insurance brokerage firms in the United States and has a history dating back to 1925. Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to some 20,000 clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups. More information is available on the company's web site at: www.alliantinsurance.com.

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