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.
DoorDash, Uber Cost Drivers $550 Million in Tips, NYC Says 
Alliant Latest to Sue Howden US Over Alleged ‘Smash-and-Grab’ Poaching 
Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades 
Business Moves: ALKEME Expands in US With Addition of 5 Agencies 
