USI Insurance Services Further Strengthens Personal Risk Services Market in Southeast with Acquisition of Best Insurance

Feb 17, 2016, 11:00 ET from USI Insurance Services

VALHALLA, N.Y., Feb. 17, 2016 /PRNewswire/ -- USI Insurance Services ("USI") has acquired Best Insurance, located in Tamarac, Florida. Best Insurance offers a wide range of personal insurance products, including homeowners, automobile, motorcycle, boat and watercraft, to customers in Florida, Georgia, North Carolina and South Carolina. Terms of the transaction were not disclosed.

James W. Dunn, USI Southeast regional chief executive officer, said: "The professional advisors at Best Insurance have built an agency that is based on deeply understanding their clients' needs, and delivering unparalleled service and cutting edge solutions. This customer-centric approach complements the USI ONE Advantage® that combines analytics, networked resources and strategic planning to deliver measurable solutions with economic impact. Additionally, the strong customer and community ties at Best Insurance will play an important role in further strengthening our presence in the Southeast where we continue to invest heavily. I am pleased to have Barry and his team join USI, and I welcome them to our growing family." 

Barry R. Sokoloff, president, Best Insurance, said: "Reliability, unsurpassed service and always putting the customer first have been the keys to our success since my father, Sander Sokoloff, began this business in 1979. Through this acquisition, these tenets will remain, but now our clients also will enjoy an expanded suite of property-casualty, personal risk, employee benefits and retirement solutions and services afforded by a national organization. We are excited to be growing our footprint in this strategic growth marketplace, and we look forward to delivering targeted, best-in-class solutions that protect income and wealth, provide superior coverage and control costs."

About USI Insurance Services
USI is a top 10 insurance brokerage and consulting firm, delivering property and casualty, employee benefits, personal risk and retirement solutions throughout the United States. Headquartered in Valhalla, New York, USI has over $1.0 billion in revenue, more than 4,400 professionals and operates out of nearly 140 local offices serving every state. USI has become a premier insurance brokerage firm by leveraging the USI ONE Advantage®, an interactive platform that integrates proprietary analytics, networked resources and enterprise planning to create customized solutions with positive, bottom line impact. The value of USI, and our ability to attract best-in-class industry talent while providing superior solutions and services to our clients and our communities, is achieved through the collaboration and expertise of our local teams. For more information visit usi.biz.

Contact:                                                            

Contact:                     

Edward J. Bowler                                            

Cecile M. Locurto

USI Insurance Services                                    

USI Insurance Services

914-749-8504                                                     

914-747-6331

ed.bowler@usi.biz                                           

cecile.locurto@usi.biz     

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SOURCE USI Insurance Services



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