HAVERFORD, Pa., Sept. 3, 2025 /PRNewswire/ — Egan-Jones Ratings Company (Egan-Jones), a market leader in private placement ratings, today announced the addition of Alan McClain, former insurance commissioner of Arkansas and an insurance industry leader, to its Board of Directors. With more than three decades in the insurance industry, McClain brings deep expertise, strategic vision and regulatory oversight to the Egan-Jones Board, where his guidance will play a crucial role in shaping the company’s future.
“Alan’s extensive experience in the insurance industry and strong background in a regulated environment make him an invaluable addition to our Board,” said Sean Egan, CEO of Egan-Jones Ratings Company. “We look forward to the guidance and leadership he will bring to help shape the future of our company.”
McClain has held several senior roles in the insurance industry, most recently serving as Arkansas’s 24th insurance commissioner since his appointment by Gov. Asa Hutchinson in 2020. Prior to that, McClain served for five years as commissioner of Arkansas Rehabilitation Services (ARS). His deep understanding of public policy, insurance regulation and organizational governance positions him as a valuable asset to the Board.
“Egan-Jones’ strong track record is what makes them stand out in the marketplace,” said Alan McClain. “It’s why I couldn’t be more excited and honored to serve on the Board of Directors at Egan-Jones Ratings Company.”
Egan-Jones has served as a trusted provider of independent credit ratings for nearly 30 years. Throughout its history, the firm has played a pivotal role in the financial industry by delivering accurate, timely, and cost-effective analysis for market participants of all sizes, including some of the most trusted names in finance. Egan-Jones Ratings Company has earned widespread recognition among domestic life insurance groups, with 48 of the top 50 actively holding private placement instruments rated by the firm. With more than 700 clients across the globe, Egan-Jones has a long, successful track record of serving its clients. In 2024 alone, it rated more than 3,000 private credit transactions.
The addition of Alan McClain to the Egan-Jones Ratings Company Board underscores the firm’s continued commitment to excellence and regulatory compliance. With the growth of the private debt markets, McClain adds expertise to the Egan-Jones Board that is designed to ensure its ability to continue to be a leader in the private debt market. As Egan-Jones continues to grow and evolve, this appointment reflects the dedication to strengthening governance and reinforcing its position as a trusted voice in financial ratings.
About Egan-Jones Ratings Company
Egan-Jones Ratings Company was founded in 1995 for the purpose of issuing timely, accurate ratings. The firm rapidly gained credibility by flagging the failures of Enron and WorldCom, and has since established itself as a leading global provider of credit ratings. Egan-Jones is a Nationally Recognized Statistical Rating Organization (NRSRO) and is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider. Egan-Jones Proxy Services is a leading proxy advisor, offering investors vote guidance, vote execution, and reporting.
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