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.
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 
Business Interruption Claims Arising From the Middle East Conflict 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing 
