USI acquires employee benefits firm Diversified Insurance Service

State is a “strategic area” for growth, investment and expansion, says regional chief executive

USI acquires employee benefits firm Diversified Insurance Service

Insurance News

By Allie Sanchez

USI Insurance Services has announced the acquisition of Ohio-based risk management and employee benefits firm Diversified Insurance Service as part of its strategic expansion activities in the Midwest.

Terms of the deal were not disclosed.

Diversified Insurance is a provider of personal risk, commercial, and employee benefits products in the Ohio market.

“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…in this market,” said USI Midwest regional chief executive Thomas D. Cassady. “Furthermore, their solid client base and deep ties with the local community perfectly complement our…value proposition.”

Meanwhile, Diversified Insurance principal Mark T. Reilly said in the same statement that its clients can expect sustained benefits from its products while tapping into USI’s expanded portfolio of solutions.


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