Valhalla, N.Y.-based USI Insurance Services announced the closing on the acquisition of Wallace Insurance Inc./Scott Insurance Services headquartered in Anchorage, Alaska.
The employee benefits practice and all of its employees will join USI’s Anchorage office. By acquiring Wallace/Scott, USI’s footprint in the Northwest has been further extended. Terms of the deal were not disclosed.
Wallace/Scott delivers to its clients an array of employee benefit products and services, including expertise in wellness, insured/self-funded plans, group life and disability plans, along with executive business travel accident programs.
USI is operates out of more than 140 offices across the U.S.
Topics Mergers & Acquisitions
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