USI Insurance Services (USI), headquartered in Briarcliff, N.Y., has closed its acquisition of Plumhoff & Associates (Plumhoff), a Houston, Texas-based employee benefit brokerage firm specializing in corporate health and welfare benefits, executive benefits, and international benefits for upper middle-market businesses.
The acquisition is expected to contribute approximately $6.4 million in revenues to USI on an annual basis. Terms of the transaction were not disclosed.
Craig Plumhoff, Larry Kachler, Mark Grierson, Dale Shivers and other professionals from Plumhoff will transition to USI.
Source: USI Insurance Services
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
US P/C Insurers Post Best Q1 Underwriting Result In 17 Years 
Supreme Court Overturns Chevron Rule in Blow to Regulators 
Coverage Needed: Hundreds of Thousands in SE Now in Flood Zones With New Maps 
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan 
