USI Insurance Services, a world leader in risk management, employee benefit and retirement consulting, announced the acquisition of Vincennes, Indiana-based employee benefits brokerage and advisory firm, Benefits 7, Inc. Terms of the transaction were not disclosed.
Commenting on the announcement, Benefits 7 Partner, James Franklin, stated: “This exciting partnership with USI further strengthens our ability to help employers optimize their benefit plans by offering access to USI’s expanded suite of industry-leading solutions and expertise.”
“Since our company’s founding in 1987, Benefits 7 has grown to become one of the leading employee benefit advisory firms in Indiana,” stated Benefits 7 Partner, Guy Henry. “By joining forces with USI, one of the world’s largest insurance brokerage and consulting firms, our clients will benefit from USI’s ONE Advantage platform, offering detailed analytics and exceptional insights aimed at enhancing benefits, improving employee health and reducing costs.”
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William Henry, Benefits 7 Partner, added: “Together, Benefits 7 and USI will offer a distinctive suite of employee benefit, property and casualty, personal risk and retirement solutions to our valued clients, who will continue to work with the same team of local professionals they’ve come to know and trust.”
Thomas Cassady, USI’s regional CEO, stated: “We are thrilled to welcome the talented professionals from Benefits 7 to the USI family. Together, we look forward to building on their strong reputation and delivering an unmatched level of service and expertise for our current and future clients throughout Indiana and the Midwest region.”
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