USI Insurance Services buys up insurance agency 2020
Only a few months have surpassed on the grounds that USI Insurance Services announced its acquisition of a South Carolina-based insurance plan organisation and now, the brokerage giant is at it again. This time, the bought business is Tennessee-based Full Service Insurance Agency.
Full Service Insurance was once centered in 1975 and specializes in industrial insurance, worker benefits, and private risk solutions for organizations and individuals. Terms of the transaction have been not disclosed.
This deal will help USI to increase its competencies in all three areas of Full Service Insurance’s expertise, while putting forward the broker’s “commitment to handing over an unparalleled stage of provider and expertise to our purchasers at some stage in Tennessee,” referred to Tom Longhta, USI regional CEO.
For Full Service Insurance, joining forces with USI is an “exciting milestone,” according to the agency’s president Paul Pratt, Jr.
He continued: “I am assured this new partnership will in addition enhance our long-standing reputation for turning in optimum solutions, understanding and carrier to our valued clients at some stage in the Middle Tennessee region.”
Meanwhile, John Pratt, vice president at Full Service Insurance, added that as a result of the acquisition, “Our customers will continue to have the chance to work with our proficient group of neighborhood experts, in addition to gaining get admission to to an expanded suite of industry-leading tools, solutions and expertise on hand through the USI ONE Advantage, a unique platform that grants revolutionary hazard administration and worker benefit solutions with bottom-line economic impact.”
No comments