Energy and Trade Credit Expert Jay Rose Joins Alliant
By Alliant
Longtime industry specialist to expand MGA capabilities of Alliant Underwriting Solutions division
NEWPORT BEACH, CA 鈥 Longtime energy and trade credit expert Jay Rose has joined Alliant as Senior Vice President within the company鈥檚 Alliant Underwriting Solutions (AUS) division. Rose will build a premier team with targeted industry expertise and a depth of underwriting capabilities to expand the division鈥檚 MGA capabilities within the power and energy sector. AUS is among the nation鈥檚 top 10 MGAs, generating in excess of $1.6 billion in annual gross written premium.
鈥淛ay鈥檚 unique industry experience and deep expertise within the trade credit and surety market will play a critical role in the expansion of our offerings,鈥 said Sean McConlogue, President, Alliant Underwriting Solutions. 鈥淗e is a proven industry veteran who has experience leading highly successful teams that provide best-in-class solutions to the brokerage community and energy markets.鈥
Rose joins Alliant with a depth of capabilities creating unique liquidity solutions for transactions involving the buying, selling, and movement of critical energy commodities: a highly stable and predictable component of the supply chain. His experience includes launching a dedicated energy industry practice within the trade credit community.
Prior to joining Alliant, Rose was Managing Director within the energy practice of one of the world鈥檚 largest providers of trade credit insurance. Under Jay鈥檚 leadership, the practice built dedicated expertise and expanded the product suite, offering tailored trade credit solutions for energy commodity transactions as well as on-demand payment bonds and fronting solutions to provide letter of credit equivalent instruments for energy commodity contracts requiring assurance. These solutions provided some of the largest market participants with increased liquidity and capital relief.
Rose will be based in Dallas. He can be reached at (469) 951-7131 or at听jrose@preferredconcepts.com.