Company co-founder honored for excellence in management and innovation
IRVINE, Calif.--(BUSINESS WIRE)--#AlliantInsurance--Noah Molnar, co-founder of Property Owners Protection Insurance Company (POPIC), has been honored as a 2024 Rising Star by Insurance Business America. The 33-year-old executive was recognized for his excellence in management and innovation, overseeing a national captive program that manages more than 120 captives encompassing 2 million-plus units. POPIC is part of Alliant Underwriting Solutions, the program administrator group of Alliant Insurance Services.
"Noah is an exceptional leader who understands how to connect with his team and motivate them to achieve results beyond their expectations," said Bill Mecklenburg, Senior Managing Director of Alliant Underwriting Solutions. "His vision, work ethic, and creativity have led him to build a truly unique captive business that helps property owners mitigate their risk while generating a new and predictable source of profitability."
POPIC specializes in structuring, forming, and managing captive insurance programs for multifamily, student housing, single family, and self-storage owners and operators. Based in Costa Mesa, California, POPIC's risk management solutions redirect revenue streams that historically have gone to carriers or other third parties back to property owners and managers.
As the leader of POPIC, Molnar oversees all facets of the organization with a focus on business development, fostering client relationships, formation of all captives, and new program development and execution. A former collegiate and professional lacrosse player, Molnar attributes his success to adapting to changing dynamics and a fierce dedication to achieving the goal at hand.
About Alliant Underwriting Solutions
Alliant Underwriting Solutions (AUS) combines deep industry expertise, sound underwriting discipline, and powerful distribution to provide a profound competitive advantage as the program administrator division of Alliant Insurance Services. AUS consistently delivers double-digit growth and strong underwriting results, while continuing to expand and launch best-in-class de novo programs. We complement our underwriting expertise with industry-leading analytics, loss control, innovative technology, workflow optimization, and specialized claims handling, delivering exceptional value and long-term relationships to our stakeholders.
About Alliant Insurance Services
Alliant Insurance Services is one of the nation's leading distributors of diversified insurance products and services. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of solutions built on innovative thinking and personal service. The business of managing risk is getting more complex, and Alliant is meeting this complexity head-on, not with more layers of management, but with more creativity and agility. Alliant is changing the way our clients approach risk management and benefits, so they can capitalize on new opportunities to grow and protect their organizations.
Alliant is also widely recognized as a leading destination for top-tier brokerage talent in the U.S. With the advantage of being majority employee-owned, we attract brokers across a diverse spectrum of disciplines who are eager to advance their careers. These professionals choose Alliant for our greater autonomy, unparalleled resources, and a unique equity ownership opportunity. As a testament to our commitment to excellence, Alliant maintains an impressive 99% producer retention rate and has earned Forbes' prestigious title of one of America's Best Large Employers.
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Contacts
Nick Kopinga
First Vice President
Corporate Marketing and Communications
(949) 260-5004
nkopinga@alliant.com
