USI Insurance Appoints Senior VP in New York Metro Office

November 19, 2013

USI Insurance Services appointed Raymond Bascio as senior vice president. He is based in USI’s New York metropolitan office.

Bascio brings nearly 30 years of experience in employee benefits, sales, marketing and insurance account management. Formerly a sales director at Horizon Blue Cross Blue Shield (BCBS) of New Jersey, Bascio will be developing new business approaches to drive growth and to elevate the level of benefits services.

Bascio began his insurance career in 1985, serving for 10 years as a group representative with Prudential. He spent 18 years in senior sales management at Horizon BCBS of New Jersey. He held positions in both the new business sales and account management departments at Horizon, servicing the small, mid-size, and national account divisions.

From 2002-2007, Bascio led the sales and marketing teams for Horizon Healthcare, a BCBS subsidiary company in New York. He also held the position of national sales leader at Crystal and Company’s New York City office.

Founded in 1994, USI is the 10th largest insurance broker in the United States and the 14th largest in the world. It is the 3rd largest privately held broker in the U.S. USI operates out of approximately 100 offices across the nation. It is substantially owned by investment funds affiliated with Onex Corporation and certain key employees of USI.

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