USI Insurance Services Acquires Alliance Benefit Solutions Business Wire BRIARCLIFF MANOR, N.Y. -- September 20, 2013 USI Insurance Services ("USI") announced the closing of the acquisition of Alliance Benefit Solutions located in Shelton, CT. Terms of the transaction were not disclosed. Founded in 2002, Alliance Benefit Solutions designs and implements employee benefits and wellness programs for individuals, families and companies of all sizes. By combining the existing USI Westport, CT office with Alliance Benefit Solutions office, USI reaffirms its marketshare position as one of the largest employee benefits brokerage firms in the New England region. Joseph J. Fico, regional chief executive officer of USI New England, said, “Alliance Benefit Solutions has a reputation for helping customers navigate through complex healthcare landscapes, and delivering them a superior benefits plan with value-added support. They build long-lasting partnerships with both individuals and businesses by focusing on the client’s specific challenges and requirements, and then offering a solution that drives better value for the spend. USI leverages a resource-intensive, consultative process that aligns perfectly with their client focus and group specialization business model. This acquisition will undoubtedly further strengthen our position as a leading employee benefits broker in New England and plays an important role in USI’s vision of becoming the national brand in the middle market and specialty market. I am pleased to have Larry and his experienced team join us and welcome them to USI.” “We are excited to be joining the talented folks at USI,” said Laurence J. Cass, Jr., president and founder of Alliance Benefit Solutions. “The combination of our employee benefits practices will enable us to offer additional products and services to individuals, families and businesses, and it also allows for strategic partnering in future growth opportunities. With this acquisition, we will continue to provide the local, intimate attention our customers currently enjoy, but they will now have the added benefit of tapping into a deep pool of technical resources that comes from partnering with a nationally-recognized insurance brokerage firm.” About Alliance Benefit Solutions Located in Shelton, CT, Alliance Benefit Solutions provides group health benefits, individual health insurance, and health and wellness programs. The Company designs creative, cost-effective benefits solutions that help customers stay in compliance, enjoy lower health insurance premiums and successfully meet their healthcare plan goals. Visit: www.alliancebenefitsolutions.com About USI Insurance Services Founded in 1994, USI is the 10^th largest insurance broker in the United States and the 14^th largest in the world. USI is headquartered in Briarcliff Manor, NY, and operates out of approximately 100 offices across the United States. Additional information about USI may be found at www.usi.biz. Contact: USI Insurance Services Edward J. Bowler, 914-749-8504 firstname.lastname@example.org or USI Insurance Services Cecile M. Locurto, 914-747-6331 email@example.com
USI Insurance Services Acquires Alliance Benefit Solutions
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