Alliant Insurance Services has been chosen by the Metropolitan Transportation Authority (MTA) to act as the insurance broker for Phase 2 of the Second Avenue Subway project in New York. This phase involves $2 billion in tunneling and construction work. The project started in September 2025 and is planned to last about four years.
The decision came after a competitive bidding process that included three major brokers. Alliant already manages insurance for the MTA’s earlier Capital Plan programs, called OCIPs (Owner-Controlled Insurance Programs) 1 and 2. These programs cover insurance, claims, safety, and risk management for construction projects. Alliant’s first OCIP saved the MTA around 2 to 3 percent of the construction costs.
For Phase 2, Alliant will take on a full range of responsibilities under a delegated administration setup. This means they will handle everything from placing insurance policies to managing claims, providing on-site safety services, and coordinating with contractors and owners. The company’s experience with New York’s local rules and labor laws helped secure the contract.
Peter Arkley, president of Alliant’s National Brokerage, said the company is ready to manage all parts of such a big public project. He emphasized that it’s not just about finding insurance but also about managing risks and administrative tasks throughout the project’s life.
This appointment is important for the market because large OCIPs like this bring together all underwriting, claims, and risk management into one program. This calls for strong oversight and carefully coordinated safety and claims processes. The savings Alliant achieved on earlier projects will catch the attention of contractors, owners, and insurers as they weigh the benefits of these programs.
Local regulations and labor requirements in New York play a big role in shaping these programs. Brokers and underwriters must consider these factors carefully when setting terms and assessing risks. The deal also highlights a trend in offering bundled services—from risk assessment to claims support—rather than just insurance placement.
Alliant sees this new role as an extension of its position as a leader for major construction risks. More details about the program’s terms and participating insurers will come out as the MTA releases further information. This development will be watched closely by contractors, brokers, and insurance providers involved in large public infrastructure projects.