Oil and gas P&C firm McAnally Wilkins acquired by Alliant Insurance Services

Alliant Insurance Services, an American insurance distributor, has acquired McAnally Wilkins, a provider of property and casualty (P&C) insurance solutions for the oil and gas service sector.

The financial terms of the deal were not disclosed.

Based in Odessa, Texas, McAnally Wilkins offers expertise in insurance and risk management along with employee benefits programs for businesses engaged in oilfield service and transportation of oil.

Its range of insurance programs is aimed at addressing the complex requirements of oil and gas contractors and businesses.

According to Alliant Insurance Services, by understanding the specific risk exposures affecting the oil and gas service industry, McAnally Wilkins provides tailored insurance programs from major insurers that help bring down risk.

Tom Corbett — Alliant Insurance Services Chairman and CEO said: “McAnally Wilkins is recognized among the leading risk management experts in oilfield services. Its expertise in this space aligns with our model of industry specialization at Alliant and will enhance the unparalleled value we offer to clients in our Alliant Energy & Marine practice.”

McAnally Wilkins will continue to provide services to clients via its office locations in Texas and Oklahoma.

John Wilkins, Jr. — McAnally Wilkins President and Co-Founder said: “For over a decade, we have successfully leveraged our oil and gas expertise and our partnerships with insurance carriers to develop cost-effective risk management and loss control solutions for businesses in the oil and gas service sector.

“We look forward to expanding our resources and reach through the partnership with Alliant and its existing team of oil and gas specialists.”