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USI News Archives:

USI Insurance Services Acquires CB Insurance

USI Expands Colorado-based Commercial and Personal Risk Expertise

USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Colorado Springs, Colorado-based CB Insurance, LLC. CB Insurance and its predecessors have proudly served the needs of the Colorado community for over 100 years and is currently one of the largest insurance brokerage firms in the state, specializing in commercial and personal risk insurance programs. Terms of the transaction were not disclosed.Commenting on the announcement, Steve Schneider, president, CB Insurance, stated: “From our founding, CB Insurance has maintained a long-standing reputation for delivering innovative risk management solutions and service to businesses and individuals throughout Colorado. This partnership marks an exciting time for our firm as we join forces with USI and advance our legacy for delivering client-focused solutions built on a shared sense of commitment, innovation and client advocacy.”

Commenting on the announcement, Bob Nonemaker, managing partner for Creative Planning Benefits, stated: “This new partnership with USI will further strengthen our ability to help employers optimize their benefit plans through comprehensive cost containment, best-in-class pricing, regulatory compliance and superior account service. Our valued clients will continue to work with the talented team of local employee benefit professionals they’ve come to know and trust, in addition to gaining access to USI’s expanded suite of industry-leading tools, solutions and expertise.”

Donald Woods, USI’s regional CEO, added: “We are thrilled to welcome Steve and the talented professionals from CB Insurance to the USI family. Partnering as one, we look forward to strengthening USI’s commercial and personal risk expertise in service to our current and future clients throughout Colorado and beyond.”

About USI

USI is one of the largest insurance brokerage and consulting firms in the world, delivering property and casualty, employee benefits, personal risk, program and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals. Headquartered in Valhalla, New York, USI connects over 8,000 industry-leading professionals from approximately 200 offices to serve clients’ local, national and international needs. USI has become a premier insurance brokerage and consulting firm by leveraging the USI ONE Advantage®, an interactive platform that integrates proprietary and innovative client solutions, networked local resources and enterprise-wide collaboration to deliver customized results with positive, bottom line impact. USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities. For more information, visit usi.com or follow us on LinkedIn, Facebook or Twitter.

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Brian Dove Discusses Recent Developments in the Property Insurance Market with Business Insurance

Article examines rising property insurance rates and what insurance buyers can expect in 2021

USI’s National Real Estate Practice Leader, Brian Dove, was recently interviewed by Business Insurance on the continued rise in commercial property insurance rates and what policyholders can expect in 2021. “There was a ‘wide variance’ in renewal outcomes for January 1,” stated Dove. “Accounts exposed to natural catastrophes, such as hurricane, hail, flood or wildfire, and especially those that experienced losses in those areas are bearing the brunt of the increases in the marketplace.” Read the full article: https://bit.ly/3sjOAtu

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USI Insurance Services Acquires Creative Planning Benefits

New Partnership Strengthens USI’s Kansas-based Employee Benefit Consulting Expertise

USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Creative Planning Benefits, LLC, the employee benefits division of Overland Park, Kansas-based Creative Planning, Inc. Terms of the transaction were not disclosed.

Commenting on the announcement, Bob Nonemaker, managing partner for Creative Planning Benefits, stated: “This new partnership with USI will further strengthen our ability to help employers optimize their benefit plans through comprehensive cost containment, best-in-class pricing, regulatory compliance and superior account service. Our valued clients will continue to work with the talented team of local employee benefit professionals they’ve come to know and trust, in addition to gaining access to USI’s expanded suite of industry-leading tools, solutions and expertise.”

Donald Woods, USI regional CEO, added: “We are thrilled to welcome Bob and the talented professionals from Creative Planning Benefits to the USI family. Together, we look forward to offering an unmatched level of service and expertise for our current and future clients throughout Kansas by leveraging the USI ONE Advantage®, a proprietary platform delivering innovative employee benefit and risk management solutions with bottom-line financial impact for clients.”

About USI

USI is one of the largest insurance brokerage and consulting firms in the world, delivering property and casualty, employee benefits, personal risk, program and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals. Headquartered in Valhalla, New York, USI connects over 8,000 industry-leading professionals from approximately 200 offices to serve clients’ local, national and international needs. USI has become a premier insurance brokerage and consulting firm by leveraging the USI ONE Advantage®, an interactive platform that integrates proprietary and innovative client solutions, networked local resources and enterprise-wide collaboration to deliver customized results with positive, bottom line impact. USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities. For more information, visit usi.com or follow us on LinkedIn, Facebook or Twitter.

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