USI Insurance Services News

USI Insurance Acquires Richard J. Princinsky & Associates in Maryland

USI Insurance Services announced the closing of the acquisition of Richard J. Princinsky & Associates Inc., located in Hunt Valley, Maryland. Terms of the transaction were not disclosed. Established in 1976, Richard J. Princinsky & Associates has partnered with businesses, …

USI Adds Reardon in Southern California

USI Insurance Services has hired Sean Reardon as a property/casualty broker. Reardon will be working out of USI’s office in Woodland Hills, Calif. He has 10 years of experience of commercial underwriting experience focused on commercial property, casualty, auto and …

USI Appoints Senior Benefits Consultant in New York Office

USI Insurance Services appointed Deborah Watters as senior benefits consultant. She is based in USI’s New York metropolitan office.Watters brings over 20 years of experience in the employee benefit industry from varied perspectives, including the insurance carrier and the corporate …

USI Insurance Services Acquires Cohen-Seltzer Agency in Pennsylvania

USI Insurance Services said it completed its acquisition of Cohen-Seltzer Inc., in Fort Washington, Penn. Terms of the transaction were not disclosed. A third generation family-owned insurance agency formed in 1926, Cohen-Seltzer, Inc., provides risk management programs and financial products …

USI’s N.Y. Office Appoints Exec to Assist Clients’ Workplace Wellness Programs

USI Insurance Services’ metropolitan New York office recently appointed Karen Smith as director of its new clinical solutions department. In her role, Smith assists clients in creating workforce wellness programs that address the modifiable health care costs and trends impacting …

USI Insurance Services VP Moves to Aon in Rhode Island

Aon plc, a global provider of risk management, insurance and reinsurance brokerage, and HR consulting and outsourcing services, recently announced the addition of Mark Sweeney as vice president in the Providence, R.I. office.Sweeney has more than 14 years of employee …

USI Insurance Services Buys Illinois-Based Pediatrics Insurance Consultants

USI Insurance Services LLC has acquired Pediatrics Insurance Consultants (PIC), based in Chicago, Ill. PIC is the insurance member benefits broker, marketer and administrator for the American Academy of Pediatrics (AAP). PIC will become a part of USI Affinity, a …

USI Acquires Wick Pilcher in Arizona

USI Insurance Services acquired Phoenix, Ariz.-based Wick Pilcher Insurance Inc. Terms of the deal were not disclosed. Wick Pilcher provides insurance programs for all facets of employee benefits, commercial and personal risk. By combining the existing USI office in Phoenix …

Canadian Private Equity Firm Onex Completes USI Acquisition

Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from Goldman Sachs Group’s GS Capital Partners for approximately $2.3 billion. The transaction was first announced one month ago. The price …

USI Completes Acquisition of TD Bank’s U.S. Insurance Subsidiary

USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The transaction was first announced in August. TD …