USI Insurance Services (USI), a provider of insurance brokerage and risk management services, has acquired Philadelphia, Penn.-based Beneficial Insurance Services, a wholly owned subsidiary of Beneficial Bancorp Inc.
Founded in 2005, the insurance brokerage provides commercial property and casualty, personal risk and employee benefit products to clients in the Mid-Atlantic region. Terms of the transaction were not disclosed.
Headquartered in Valhalla, N.Y., USI delivers property and casualty, employee benefits, personal risk and retirement services to large risk management clients, middle market companies, smaller firms and individuals.
Source: USI Insurance Services
Was this article valuable?
Here are more articles you may enjoy.
Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
New Jersey Busts Alleged $8 Million Auto Theft Operation Involving 63 People 
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit 
