USI Insurance Services Acquires New York-based Brokerage
- February 05, 2019
USI Insurance Services Acquires GFI Insurance Brokerage
USI Strengthens Commercial, Employee Benefit and Personal Risk Presence in Northeast Region
VALHALLA, NY -- USI Insurance Services (USI) announced the acquisition of New York-based GFI Insurance Brokerage, Inc. Founded in 2003, the insurance brokerage provides commercial property and casualty, employee benefit and personal risk solutions to clients in the Northeast region. Terms of the transaction were not disclosed.
Commenting on the announcement, James M. Butler, USI Northeast regional CEO, stated: “We are excited to welcome the clients and experienced professionals from GFI Insurance to the USI family. By joining together as one, we look forward to advancing GFI’s innovative culture and focus on long-term client relationships through the USI ONE Advantage®, a unique platform that delivers innovative risk management and employee benefit solutions with bottom line financial impact.”
Brian Gross, president, GFI Insurance Brokerage, added: “We are thrilled to be partnering with an established industry leader known for their innovative risk management, insurance brokerage and consulting expertise. USI’s solutions are best-in-class, and we look forward to delivering an unparalleled client service offering for businesses and individuals throughout the Northeast region.”