USI in the News
In a new interview with Business Insurance, USI's National Property Practice Leader, Jeff Buyze, discusses commercial property insurance rate decreases in states like Texas, Florida, and the Carolinas, while some states, like California, continue to see rate increases. During the interview, Buyze commented, “Shared and layered programs in hurricane-exposed coastal areas saw the largest rate decreases in the first half of the year…Wildfire-exposed accounts in California face a difficult market, and in the Midwest, deductibles continue to increase because of severe convective storm risks.” Read the full article.
USI’s National Executive and Professional Risk Solutions Practice Leader, Andrew Doherty, recently caught up with Business Insurance to discuss current D&O liability insurance market trends, where rates have stabilized despite economic uncertainty. During the interview, Andrew shared that policyholders who do manage to save money on D&O rates are interested in investing in crime and cyber coverage, as “those losses continue to plague insureds and insurers.” Read the full article.
The Insurance Marketing & Communications Association (IMCA) recently held its 67th annual IMCA Ignite Conference and Showcase Awards ceremony in Scottsdale, AZ, and USI was proud to place in two categories. Our Ask V video, highlighting USI’s industry vertical platform won silver in the “Other Video” category, and our 2024 USI Gives Back campaign won bronze in the “Corporate Social Responsibility” category. The IMCA Showcase Awards recognize the highest quality marketing and communications in the insurance industry. Read more.
USI is honored to be named to the 2025 Fortune Best Workplaces in New York list. USI ranked 13th and is the only insurance brokerage and consulting firm in the top 35 recognized organizations across industries in the large company category. This recognition is based on survey responses from over 145,000 employees who work for Great Place To Work Certified™ companies that were eligible for the list. Learn more.
Zywave recently reported on the key findings from USI’s newly-released 2025 Commercial P&C Market Outlook Mid-Year Addendum, which provides updates on insurance market changes over the past several months and summarizes the major commercial property and casualty trends organizations should watch in the second half of 2025. Read the full article.
For the second year in a row, we are pleased to announce that USI has been certified as a Great Place To Work®! The Great Place To Work survey, a globally respected authority on workplace culture, explored various facets of our employees’ experience here at USI, from job satisfaction to their thoughts on our employee programs and benefit offerings. Participants shared insights on collaboration, communication, leadership, and more. This recognition directly reflects our ongoing commitment to the inclusive, people-focused culture we are continuously innovating here at USI. Read more.
Business Insurance’s U.S. Insurance Awards program celebrates exceptional work by insurance professionals working at companies across the commercial insurance industry, honoring teams across various award categories. This year, USI was honored to be selected as a finalist in the “Risk Management Technology Innovation of the Year” category for PATH, our technology-enabled risk control platform. PATH leverages industry-specific benchmark data and expert insight to generate tailored risk control solutions that address organizations’ top claim drivers based on their industry, sub-vertical, size, and geography. USI was also honored to be chosen as a finalist in the “Community Outreach Project of the Year (Pro Bono/Volunteer)” category for our 2024 USI Gives Back campaign. In honor of USI’s 30th anniversary in 2024, USI Gives Back spanned three months (June-August), each office hosted at least three service events, and employees were encouraged to volunteer for a minimum of three hours. The 2025 awards event will be held at the Ziegfeld Ballroom in New York City on Thursday, July 17. Learn more.
USI is proud to be recognized for the third year in a row as one of the nation’s Best and Brightest Companies to Work For. The national Best and Brightest program identifies and honors organizations displaying a strong commitment to excellence in their HR practices and employee enrichment programs. Companies are assessed based on communications, work-life balance, employee education, diversity, recognition, and more. This honor reflects the outstanding work done each day by our more than 10,000 incredible team members across the country. Learn more.
USI is proud to be recognized as one of the nation’s Best and Brightest in Wellness for the third year in a row. This annual program identifies and honors organizations with the most innovative wellness, wellbeing, and human resource practices. Companies are assessed based on outcomes, analysis, tracking, participation, incentives, benefit programs, leadership, employee input, culture, and environment. Read more.
USI’s Jeremy Speckman, risk management advisor, was recently interviewed by Business Insurance on the realities of the current food recall and contamination insurance market. Speckman shared, “Insurers are limiting capacity and increasing deductibles for high-risk products, making it difficult for some food businesses to secure coverage.” Read the full article.
USI’s Paul King, senior vice president – executive and professional risk solutions practice, was recently interviewed by Business Insurance, regarding third-party risk management via property and casualty insurance and contract risk transfer. King shared, “If you’ve got a vendor, you’ve also got that vendor’s subcontractors and their subs, etc. So, really, what you’re talking about is third parties, and what you’re trying to manage here is the risk that they bring.” Read the full article.
In a new interview with Business Insurance, USI's National Property Practice Leader, Jeff Buyze, discusses how property owners can mitigate the impact of assuming more catastrophe risk when facing percentage deductibles. During the interview, Buyze shared, “Deductible buydowns allow buyers to reduce the percentage deductible to a more manageable flat dollar amount… When you’re looking at a buydown, you don’t have to buy it across your entire schedule. You can pinpoint which locations you want to buy it based on how much you want to retain.” Read the full article.
USI’s National Executive and Professional Risk Solutions Claims Practice Leader, Joni Mason, will be speaking at the Eighth Annual Women in Insurance Leadership ExecuSummit on March 26-27 in Isle of Palms, SC. During her session, Mason will discuss the importance of branding yourself for continued success. Learn more.
USI’s Nicole McMurtry, president, Illinois transportation practice, and John Flocco, executive vice president of design and construction, were recently interviewed by Business Insurance on inland marine policyholders being at risk for cyber exposures when using digital supply chains and tracking technologies. Flocco shared, “Contractors are increasingly using sophisticated equipment that can be hacked and shut down... We have to have a unified approach to this and make sure that there is a policy that will be triggered.” Read the full article.
USI’s Paul King, senior vice president in the executive and professional risk solutions practice, was recently interviewed by Business Insurance on existing kidnap, ransom and extortion (KR&E) renewals staying flat or decreasing despite increased geopolitical friction, and more companies are looking for coverage. King shared, “The uptick in interest may result in an increase in placement of KR&E coverage, but, if it does, widespread market movement knowledge will likely be delayed or limited.” Read the full article.
Now in its third year, the Axco Global Insurance Awards recognizes and celebrates the outstanding achievements, innovation, and collaboration of the insurance industry. This year, USI was honored to be selected as a finalist in the “Best Digital Initiative in Global Insurance” category for PATH, our technology-enabled risk control platform. PATH leverages industry-specific benchmark data and expert insight to generate tailored risk control solutions that address organizations’ top claim drivers based on their industry, sub-vertical, size, and geography. Category winners will be revealed at Axco’s 2025 awards event taking place at the Hilton Bankside in London on Thursday, April 24. Learn more.
Key insights from USI’s 2025 Employee Benefits Market Outlook Report were recently featured in a new BenefitsPRO article, highlighting some of the various benefit operations and budgeting challenges employers are expected to face in 2025. Potential challenges include increased health plan spending, rising pharmacy costs, AI integration and more. Read the article.
Each year, Insurance Business America’s “5-Star DE&I Awards” recognize leading U.S.-based insurance companies for their work to foster impactful, forward-looking diversity, equity and inclusion (DE&I) programs. For the third year in a row, USI was among only a select number of insurance organizations to receive this honor for 2025 in recognition of our ongoing efforts to build an increasingly diverse, equitable and inclusive culture at USI through our I’m With U DE&I program. Learn more.
Insurance Business America recently reported on some of the key takeaways from USI’s 2025 Commercial Property & Casualty Market Outlook Report. This year’s report once again provided timely insights on the latest market trends impacting commercial P&C insurance buyers and reviewed upcoming challenges and opportunities for the new year. Read the article.
The American Heart Association’s (AHA) 2024 Workforce Well-being Scorecard results were recently announced, and USI once again achieved Gold level recognition for the seventh year in a row! Working in partnership with leading science and workforce well-being volunteers, the AHA has defined best practices for employers to use to build a culture of health equity and comprehensive organizational well-being programs for their workforces. This annual scorecard measures the extent to which a company has implemented those best practices. Read more.