USI Insurance Services News

USI Insurance Services VP Moves to Aon in Rhode Island

Aon plc, a global provider of risk management, insurance and reinsurance brokerage, and HR consulting and outsourcing services, recently announced the addition of Mark Sweeney as vice president in the Providence, R.I. office.Sweeney has more than 14 years of employee …

USI Insurance Services Buys Illinois-Based Pediatrics Insurance Consultants

USI Insurance Services LLC has acquired Pediatrics Insurance Consultants (PIC), based in Chicago, Ill. PIC is the insurance member benefits broker, marketer and administrator for the American Academy of Pediatrics (AAP). PIC will become a part of USI Affinity, a …

USI Acquires Wick Pilcher in Arizona

USI Insurance Services acquired Phoenix, Ariz.-based Wick Pilcher Insurance Inc. Terms of the deal were not disclosed. Wick Pilcher provides insurance programs for all facets of employee benefits, commercial and personal risk. By combining the existing USI office in Phoenix …

Canadian Private Equity Firm Onex Completes USI Acquisition

Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from Goldman Sachs Group’s GS Capital Partners for approximately $2.3 billion. The transaction was first announced one month ago. The price …

USI Completes Acquisition of TD Bank’s U.S. Insurance Subsidiary

USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The transaction was first announced in August. TD …

USI to Acquire TD Bank’s U.S. Insurance Subsidiary

USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., has agreed to acquire TD Insurance Inc., a wholly-owned U.S. subsidiary of TD Bank, N.A. The terms of the deal were not disclosed. USI said the …

USI Insurance Services Acquires Kelly Insurance Brokerage in New York

USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction were not disclosed. Kelly Insurance Brokerage offers a wide range of employee …

USI Acquires Lynch, Beretta and Bucci Insurance in Rhode Island

USI Insurance Services completed the acquisition of Lynch, Beretta and Bucci Insurance, a Pawtucket, R.I.-based P/C insurance agency that specializes in a wide range of personal lines, commercial lines and specialty products, including Rhode Island contractors and restaurant insurance. Terms …

USI Insurance Services Acquires Assets of National Insurance Specialists

USI Insurance Services announced it has closed on the acquisition of certain assets of Toledo, Ohio-based National Insurance Specialists (NIS). The acquisition is expected to contribute approximately $1.6 million in revenues to USI on an annual basis. Terms of the …

N.Y.-Based USI Buys Assets of Compass Insurance, Expands in Southwest

USI Insurance Services, an insurance brokerage firm headquartered in Briarcliff Manor, N.Y., acquired certain assets of BBVA Compass Insurance Agency, a unit of BBVA Compass, a financial holding company headquartered in Birmingham, Ala. The acquired business assets generated $26.7 million …