USI Insurance Services (USI), an insurance brokerage and risk management company, has acquired Wilbraham, Mass.-based The Gaudreau Group. Terms of the transaction were not disclosed.
Founded in 1921, The Gaudreau Group is a commercial insurance, employee benefits, personal risk and financial services firm insuring more than 6,000 businesses and families across 14 states.
Jules O. Gaudreau, president of The Gaudreau Group, is a third-generation member of the Gaudreau family to lead the company. Gaudreau will join USI’s New England regional management team as president of the company’s Springfield, Mass., office.
USI delivers property and casualty, employee benefits, personal risk and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals and is headquartered in Valhalla, N.Y.
Source: USI Insurance Services
Was this article valuable?
Here are more articles you may enjoy.
Most Are Overcharged for Property Insurance, Vanderbilt Study Says 
In Florida Court, Sackler Family Member Admits Felony Tied to Her Opioid Addiction 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
Hedge Funds Make Their Move as Litigation Finance Assets Slump 
