USI Continues Midwest Expansion with Acquisition of Diversified Insurance Service, Further Accelerates Position as Top Insurance Brokerage Firm in... - Insurance News | InsuranceNewsNet

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January 27, 2017 Newswires
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USI Continues Midwest Expansion with Acquisition of Diversified Insurance Service, Further Accelerates Position as Top Insurance Brokerage Firm in…

Insurance Weekly News

USI Continues Midwest Expansion with Acquisition of Diversified Insurance Service, Further Accelerates Position as Top Insurance Brokerage Firm in Region

By a News Reporter-Staff News Editor at Insurance Weekly News -- USI Insurance Services ("USI") announced it has acquired Diversified Insurance Service, a risk management and employee benefits firm headquartered in Elmore, Ohio. Originally founded in 1948, Diversified Insurance Service provides personal risk, commercial and employee benefits products for clients throughout Ohio. Terms of the transaction were not disclosed.

Thomas D. Cassady, USI Midwest regional chief executive officer, said: "Ohio is a strategic area where we are looking to invest, expand and grow, and this acquisition with Diversified Insurance Service further extends our presence as one of the top insurance brokerage firms in this market. Furthermore, their solid client base and deep ties with the local community perfectly complement the USI ONE Advantage® value proposition. I look forward to combining our strengths to cultivate new and current relationships throughout the region and welcome them to USI."

Mark T. Reilly, principal, Diversified Insurance Service, said: "Our customers will continue to benefit from our innovative products and services, but now they can tap into USI's expanded suite of employee benefits, retirement consulting and personal risk solutions which generate positive economic results. We are excited to be joining a nationally recognized company that is transforming the customer experience through customized risk management and benefit programs, and I look forward to working with Tom and his team."

Keywords for this news article include: USI Insurance Services.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

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