Terms of the transaction were not disclosed.

Greenwich, Connecticut-based BridgePoint provides coverage nationally for business owners, high-profile executives, athletes, entertainers, and collectors of fine art, jewelry, wine and automobiles, the statement said.

BridgePoint's 62 employees will continue to operate from its offices in Greenwich; Maumee, Ohio; Phoenix; and Palm Beach and Naples, Florida.

Tom Corbett, chairman and CEO of Alliant, said the deal will bolster the broker’s property/casualty and private client service teams.

Newport Beach, California-based Alliant is the ninth largest broker of U.S business, according to the most recent Business Insurance ranking.