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USI News Archives:

USI Receives Distinguished Industry Recognition at 2020 IMCA Showcase Awards

USI’s annual community service program and International Women’s Day campaign earn industry recognition.

USI is proud to be honored at the 2020 Insurance Marketing & Communication Association’s (IMCA) Showcase Awards, winning two Awards of Excellence for outstanding corporate communications and corporate social responsibility initiatives. The winning campaigns include USI’s International Women’s Day Video, spotlighting the incredible role women play at USI and throughout the industry, and the USI Gives Back program, highlighting the amazing community service and volunteer work of our 200 local offices. This is the second year in a row USI has received an IMCA Award of Excellence. Currently, in its 62nd year, the IMCA Conference and Showcase Awards recognizes leading work in the insurance marketing and communications field, promoting a higher standard of excellence. Read more.

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USI Insurance Services Completes Acquisition of Associated Benefits & Risk Consulting

New partnership strengthens USI’s commercial and personal risk, employee benefit and retirement consulting expertise

VALHALLA, N.Y., Jun. 30, 2020 – USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement plan consulting, today announced the completion of its acquisition of Associated Benefits & Risk Consulting (ABRC) from Associated Banc-Corp (NYSE: ASB). ABRC is a multi-line insurance agency and Midwest-based consulting firm with 400 employees, providing employee benefits, retirement plans, compliance, business insurance, risk management and individual insurance solutions.

Commenting on the announcement, William Bohn, ABRC’s chief executive officer, shared: “We are truly excited about this new partnership with USI. Our clients will continue to benefit from our coordinated solutions and local team of experts while gaining access to an expanded suite of industry-leading tools, solutions and expertise available through the USI ONE Advantage®, a proprietary approach that delivers innovative risk management and employee benefit solutions with bottom line financial impact.”

Michael J. Sicard, USI’s chairman and chief executive officer, added: “We are thrilled to welcome the clients and talented professionals from ABRC to the USI family. Working together as ONE, I am confident our teams will bring tremendous experience and insights, with a shared commitment to delivering a different and better experience for our valued clients across the country.”

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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Christine Chipurnoi Named One of Insurance Business America’s Elite Women for 2020

Annual list celebrates 77 of the insurance industry’s foremost female leaders in the U.S.

USI’s Christine Chipurnoi was recently recognized as one of Insurance Business America’s Elite Women for 2020. The list, which recognizes the insurance industry’s foremost female leaders in the U.S., spotlights the significant contributions women are making that are transforming the industry. Chipurnoi, whose career spans more than 30 years, is a member of several industry associations and serves as a global board member of CREW Network, one of the largest professional organizations for women in commercial real estate. She was also named the first female president of the Insurance Brokers Association of New York in more than 115 years. Read more.

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Danette Beck Interviewed by Insurance Journal on Building a Post-Pandemic Construction Market

Construction contractors adjust to new challenges in a post-COVID-19 work environment

Construction contractors adjust to new challenges in a post-COVID-19 work environment USI’s National Construction Practice Leader, Danette Beck, recently caught up with Insurance Journal for a discussion on the current construction insurance market and post-pandemic implications for contractors. While many experts anticipate the construction industry is one segment of the economy that could emerge from the pandemic stronger, contractors will undoubtedly face challenges as they adjust to job sites in a post-COVID-19 environment. In the article, Beck explains, “… construction clients are tackling these adjustments head on, but the new safety protocols add cost and new exposures.” She continued, “Contractors are resilient and always have been. They staggered workforces. They took temperatures on sites. They shut down projects and created plans to get back up and running when possible.” Read the full article.

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USI’s Q2-2020 Commercial P&C Insurance Market Outlook Report

New mid-year report reveals key market insights from USI experts and COVID-19-related challenges

New mid-year report reveals key market insights from USI experts and COVID-19-related challenges While the full impact of COVID-19 on the property and casualty insurance industry remains uncertain, insurance markets are facing unique and interrelated challenges that will likely continue through 2020 and well into 2021. As outlined in USI’s newly-released Q2-2020 Commercial Property & Casualty Insurance Market Outlook Report, rate increases, capacity reductions, and other negative trends continue to harden the market. At the same time, the industry faces a number of challenges and uncertainties resulting from the ongoing COVID-19 pandemic. Download the full report to learn  more. You can also review Business Insurance's recent coverage of the report online.

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James Van Meter Discusses COVID-19-related Impacts on the Aviation Industry with Insurance Business America

Aviation industry sees unprecedented reductions in passenger revenues as global pandemic brings unique risks

Aviation industry sees unprecedented reductions in passenger revenues as global pandemic brings unique risks In a recently-published Insurance Business America article, USI’s National Aviation Practice Leader, James Van Meter, shared his perspective on the impact COVID-19 is having on aviation clients and insurance carriers. In the article, Van Meter shares, “When massive fleets of aircraft are grounded, the insureds typically request one of two things. They either request ground breaks, which typically means paying lower insurance premiums, or they ask for some sort of lay-up credit. That will impact the aviation insurance marketplace by lowering the amount of available premium. And it goes much further than just the fleets. There are downstream effects on thousands of other aviation businesses, including those who manufacture parts for aircraft, manufacture components, repair components, repair engines, and so on. Much lower revenues across the board provide a lower rating basis for the insurers.” Read the full article.

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USI Affinity, CNA and the Pennsylvania Bar Association Announce New Graduate Attorney Lawyers’ Professional Liability Program

New program offers complimentary lawyers’ professional liability coverage for newly admitted attorneys in Pennsylvania

USI Affinity, CNA and the Pennsylvania Bar Association (PBA) today announced the availability of a “New Graduate Attorney Lawyers’ Professional Liability Program,” which offers up to two years of complimentary Lawyers’ Professional Liability (LPL) Insurance coverage to attorneys admitted to the Pennsylvania Bar within the past three years. This program is the first of its kind to be offered to Pennsylvania attorneys.

USI Affinity’s Vice President of Bar Association Programs, Shelly Lawson, stated: “With new attorneys facing many challenges opening new firms, we wanted to develop a solution to help them lessen the financial burden without sacrificing the important coverage and risk management protection that a Lawyers’ Professional Liability policy affords.”

The “New Graduate Attorney Lawyers’ Professional Liability Program” will reduce costs for existing CNA insured firms by discounting the rate for adding a new attorney to the policy as long as the individual is a PBA member, and they were admitted to the Bar within the past three years. The program also alleviates the LPL expenditure for new attorneys and ensures the completion of proper risk management courses.

“USI Affinity and the Pennsylvania Bar Association continually work together to better serve Pennsylvania attorneys, and we are thrilled to pioneer this new offering to our members,” stated Barry Simpson, executive director of the Pennsylvania Bar Association.

Pennsylvania Bar Association President, Dave Schwager, added: “I am excited to launch this first of its kind program, available exclusively to PBA members, to help young lawyers secure the insurance they need to establish their practice at no cost. Programs like these that help further the success of new lawyers in our community are an essential part of the value the association brings to attorneys across the state.”

To learn more about the products and services available through the Pennsylvania Bar Association Insurance Program, visit https://www.mybarinsurance.com/pba/.

About USI Affinity

USI Affinity is the broker and administrator for the PBA Insurance Program. For over 75 years, USI Affinity has developed, marketed and administered programs to deliver unique advantages in insurance coverage, price and service. USI Affinity markets and administers insurance programs for over 440 organizations nationwide, representing more than 22 million association, union and alumni members. USI Affinity is a division of USI Insurance Services.

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 7,500 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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Francisco Saldana Named to Business Insurance’s List of Break Out Award Winners for 2020

Annual program recognizes the next generation of insurance industry leaders

Congratulations to USI’s Francisco Saldana, Miami property & casualty leader, for being named as one of Business Insurance’s 2020 Break Out Award winners! Designed to recognize the next generation of rising insurance industry professionals, the Break Out Awards program recognizes the top 40 professionals in the U.S. who are on track to become the next leaders in the risk management and property/casualty insurance field. Read More.

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USI Recognized as a ‘Best of the Best’ Company by Professional WOMAN’s Magazine

Annual program recognizes leading organizations supporting the advancement of multicultural women and diversity in the workplace

For the second year in a row, USI has been named as a ‘Best of the Best’ employer for multicultural women in the insurance industry by Professional WOMAN’s Magazine (PWM). PWM’s annual ‘Best of the Best’ program is designed to recognize leading U.S. organizations actively engaged in the advancement of multicultural women in all aspects of business and employment to ensure equal opportunity. Commenting on the recognition, USI’s Chief Human Resources Officer, Kim Van Orman, shared, “We are thrilled to see USI represented as one of 44 insurance industry organizations, and the only insurance brokerage and consulting firm, on PWM’s ‘Best of the Best’ list for 2020. Women comprise over 65 percent of USI’s more than 7,500 employees, representing diverse backgrounds, career paths, and unique life experiences. It’s their collective knowledge, leadership, passion, and determination that bring out the best in USI every day.” Read more in the Spring Issue of Professional Woman’s Magazine or by visiting https://bit.ly/2VpX6HB.

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USI Insurance Services Acquires Chapman & Chapman

USI Strengthens Ohio-Based Employee Benefit and Retirement Planning Expertise

USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Cleveland, Ohio-based Chapman & Chapman. Founded in 1886, Chapman & Chapman is a regional employee benefit and retirement consulting firm. Terms of the transaction were not disclosed.

Commenting on the announcement, Walter Chapman, CEO, Chapman & Chapman, stated: “From Chapman & Chapman’s founding, our firm has earned an exceptional reputation for delivering innovative solutions and service to businesses and individuals. Throughout our more than 130-year history, twelve members of our family have joined the firm, spanning the past five generations. This partnership with USI marks an exciting milestone for our firm and one that will advance our longstanding legacy for delivering client-centric solutions built on a shared sense of commitment, innovation and integrity.”

“USI is an established leader in the risk management, employee benefit and retirement consulting market, known for their best-in-class solutions,” added Kristin Chapman, partner, Chapman & Chapman. “The cultural fit for our internal teams and the aligned approach to exceptional client service is our priority. We are excited about the depth of resources USI provides to enable us to deliver the most innovative and customized solutions to our clients.”

Thomas Cassady, USI regional CEO, stated: “We are thrilled to welcome Walter, Kristin and the talented professionals from Chapman & Chapman to the USI family. Partnering as one, we look forward to strengthening USI’s employee benefit and retirement consulting expertise in service to our current and future clients throughout northern Ohio 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 7,500 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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Renee Dube Discusses Recent COVID-19 Shifts in Manufacturing and Related Risk Exposures

Liability exposures increase as manufacturers respond to COVID-19 pandemic

In a recent Business Insurance article titled, “Shifts in manufacturing create new exposures,” Renee Dube, vice president, national property & casualty practice for USI, shared her perspective on COVID-19 related shifts in manufacturing, and associated risk exposures for organizations. In the article, Dube states: “There is a concern and there should absolutely be a review of exposure base and coverage if a manufacturer is repurposing or focusing on a new product. Based on the type of work being performed by an employer, insurers assign a class code that generates the appropriate rate and coverages for that risk. That class code is critical to the underwriting of a particular manufacturer.” Read the full article.

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Nadia Hoyte Participates in Insurance Journal Webcast on Cyber Insurance

Industry experts discuss how agents can help small business clients navigate cyber

USI’s National Executive & Professional Risk Solutions Practice Advisor, Nadia Hoyte, recently joined a panel of cyber risk experts for an Insurance Journal webcast, “What Agents Should Know About Cyber Insurance,” to discuss the importance of cyber insurance and how to get more businesses to buy it, as well as key considerations for agents who are looking to begin selling cyber insurance. During the webcast, Hoyte shared: “Sometimes, there is the desire just to go out and just get an insurance policy, but I do think it’s always prudent to take that step back to really understand what are [the clients] asking for, and making sure that is aligning with the product that we’re putting in front of them.” Listen to a replay of the webcast.

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Gregg Mellinger and Sam Odishoo Co-Author Byline Article for American Machinist

Manufacturing organizations can take control of employee benefit costs through a focus on “The 4 Ps”

USI Employee Benefit Producers, Gregg Mellinger and Sam Odishoo, recently co-authored a new byline article, “Taking Control of Employee Benefit Costs,” for American Machinist. In the article, Mellinger and Odishoo emphasize the importance of “The 4 Ps” – product, people, premiums and profit – when it comes to providing a framework for manufacturing and industrial organizations to promote engagement and increase profitability. Read the full article.

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Robert Meyers Featured in Recent Business Insurance Article

Insurance industry adapts to servicing clients while working remotely and social distancing

In a recent Business Insurance article, “Brokers, buyers, insurers renew policies while sheltering in place,” USI’s National Property & Casualty Practice Leader, Robert Meyers, discusses how USI is helping clients deal with potentially massive changes in business levels and exposures in their insurance policies as a result of the current COVID-19 pandemic. In the article, Meyers shares a few examples of how USI is working to support clients: “We are working with our carrier partners to give them 30 days’ extension on payments before (notices of cancellation) are issued. Is there a need to make a mid-term cancellation and rewrite because the exposure has changed so dramatically? All of these conversations are going on right now.” Read the full article.

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Douglas O’Brien and Renee Dube Discuss Parametric Insurance Coverage with Business Insurance

Commercial insurance buyers show increased interest in parametric coverage in light of higher traditional insurance pricing

As traditional insurance prices increase, retentions rise and catastrophic losses raise concerns, commercial insurance buyers are showing a growing interest in parametric insurance coverage. In a recent interview with Business Insurance, USI’s National Casualty and Alternative Risk Division Manager, Douglas O’Brien, shared: “Policyholders with traditional coverage are seeing renewals which are quite expensive, and they are asking, ‘Is there a better way to purchase risk transfer?’” Renee Dube, vice president of USI’s national P&C practice, added: “Parametric insurance, however, can be expensive, with rates on line ranging between 5% and 8%, meaning $1 million of coverage will cost between $50,000 and $80,000.” Read the full article.

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PropertyCasualty360 Sits Down with Robert Meyers to Discuss the COVID-19 Pandemic

Article highlights how agents and brokers are supporting clients

USI’s National Property & Casualty Practice Leader, Robert Meyers, was recently quoted in a new PropertyCasualty360 article highlighting how insurance agents and brokers are helping clients manage through the COVID-19 pandemic. In the article, Meyers shares: “We [USI] are working with our carrier partners to help clients obtain relief through various measures, such as revisiting minimum premiums and securing return premiums now rather than waiting for audits, among others. Additionally, we are supporting any and all efforts to obtain state and federal relief to pay for the business interruption losses being incurred.” Read the full article.

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Risk & Insurance Magazine Sits Down With Nadia Hoyte to Discuss the Cyber Insurance Market

Cover story interview evaluates current opportunities in the cyber insurance market

Nadia Hoyte, national advisor for USI’s Executive and Professional Risk Solutions Practice, sat down with Risk & Insurance Magazine for the publication’s March cover story to discuss the latest developments and opportunities in the cyber insurance market. From a growing demand for expanded coverage offerings for a wide-array of cyber risk exposures, to expanded carrier capacity, to the need for greater industry standardization for common policy terms – the cyber insurance market continues to expand to meet the needs of organizations. In the interview, Hoyte shares: “As the potential for cyber warfare grows, companies that accept this exclusion in cyber policies — without appropriate modification — may be hung out to dry if they become a victim of such an attack. I think carriers need to work on common forms and terms.” Read the latest article.

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USI Insurance Services Acquires Full Service Insurance Agency, Inc.

New Partnership Expands USI’s Commercial, Employee Benefit and Personal Risk Expertise in Tennessee

USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Franklin, Tennessee-based Full Service Insurance Agency, Inc. Founded in 1975, Full Service Insurance is one of middle Tennessee’s leading independent insurance agencies, specializing in commercial insurance, employee benefits and personal risk solutions for businesses and individuals. Terms of the transaction were not disclosed.

Commenting on the announcement, Paul Pratt, Jr., president, Full Service Insurance, stated: “Joining forces with USI, one of the world’s leading risk management, insurance brokerage and consulting organizations, marks an exciting milestone for our firm. I am confident this new partnership will further strengthen our long-standing reputation for delivering superior solutions, expertise and service to our valued clients throughout the Middle Tennessee region.”

“For over 40 years, Full Service Insurance has been helping businesses and individuals protect the things most important to them,” stated John Pratt, vice president, Full Service Insurance. “Going forward, our clients will continue to have the opportunity to work with our talented team of local experts, in addition to gaining access to an expanded suite of industry-leading tools, solutions and expertise available through the USI ONE Advantage®, a unique platform that delivers innovative risk management and employee benefit solutions with bottom-line financial impact.”

Tom Longhta, USI regional CEO, added: “This partnership affirms USI’s commitment to delivering an unparalleled level of service and expertise to our clients throughout Tennessee. We look forward to welcoming the clients and experienced professionals from Full Service Insurance to the USI family.”

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 7,500 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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Karen Johnson Interviewed by CBS News on the Impact of Coronavirus on Travel Insurance Buyers

Interview spotlights important Coronavirus-related considerations for travel insurance buyers

USI’s National Travel Insurance Practice Leader, Karen Johnson, recently sat down with CBS News to discuss concerns around the ongoing coronavirus (COVID-19) threat and key insurance considerations for travelers. In the interview, Johnson shares why carrying a ‘cancel for any reason’ policy in the face of COVID-19 could prove beneficial: “For an event like this where we don’t know who long it’s going to be around or if it’s just going to explode, this is the perfect example why someone would buy cancel for any reason insurance.” Read the latest article.

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Danette Beck Authors Byline Article for Construction Executive

Article examines key issues and trends facing the construction industry in 2020

USI’s National Construction Practice Leader, Danette Beck, recently authored a byline article for Construction Executive that examines the key issues and trends facing the construction industry in 2020. In the article, Beck discusses the key factors she believes will continue to affect overall profits and challenge the ability of construction contractors to control risks, including a skilled labor shortage, trade tariffs, and catastrophic weather events. When it comes to managing these risks, Beck shares several key steps for contractors to remember, “Organizations that assume a proactive and disciplined risk management approach will receive a more favorable view from insurance carriers. Starting the process early is a good first step. Working with a qualified and experienced risk adviser can help contractors navigate the process, setting them on the right track towards the most favorable outcome.” Read the latest article.

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USI Insurance Services Acquires Forté Benefits

New Partnership Expands USI’s Texas-Based Employee Benefits Expertise

USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Fort Worth, Texas-based Forté Benefits, a full-service employee benefit broker-consulting firm. All of the agency’s employees and four partners, Logan Dickinson, Jeff Farmer, David Farrell and Bill Hester, will be joining USI. Terms of the transaction were not disclosed.

Commenting on the announcement, Logan Dickinson, partner, Forté Benefits, stated: “On behalf of our employees and the Forté Benefits leadership team, we are thrilled to be joining forces with USI, one of the world’s top 10 insurance brokerage and consulting firms. Going forward, our clients will continue to benefit from our coordinated solutions and local team of experts, while gaining access to an expanded suite of industry-leading tools, solutions and expertise available through the USI ONE Advantage®, a proprietary approach that delivers innovative risk management and employee benefit solutions with bottom line financial impact.”

“This new partnership marks an exciting milestone for our firm,” added David Farrell, partner, Forté Benefits. “Together, USI and Forté will offer a comprehensive suite of distinctive employee benefit, property & casualty, personal risk and retirement solutions, delivering a different and better experience for our valued clients in Fort Worth and throughout the state of Texas.”

John Collado, USI regional CEO, stated: “We are pleased to welcome the clients and talented professionals from Forté Benefits to the USI family. Along with expanding USI’s presence in the Fort Worth market, we look forward to further strengthening Forté’s established reputation for delivering superior service and innovative solutions to clients through the USI ONE Advantage®.”

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 7,500 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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Danette Beck to Speak at Upcoming Women in Insurance Conference in Atlanta, April 14

Annual conference celebrates and empowers the insurance industry’s foremost women of influence and emerging leaders

USI’s National Construction Practice Leader, Danette Beck, will take part in an expert panel discussion titled, “Leaders Today and the Next Generation Tomorrow,” at this year’s upcoming Women in Insurance Conference in Atlanta on April 14, hosted by Insurance Business America. With today’s companies managing four different generations in the workforce, creating leadership pathways for the emerging generation of Millennials and GenZers poses a unique challenge. This dynamic panel will explore how organizations can optimize a multi-generational workplace, by attracting the next generation of female talent, and leading diverse teams with distinct attributes and differing motivations.” Learn more.

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Scott Haas Discusses Potential Blind Spots of Healthcare-Related Technology With Employee Benefit News

Article assesses the challenges of connecting with employees in the digital age

USI’s Scott Haas, benefits advisor in Portland, OR, was recently interviewed by Employee Benefit News on the blind spots facing many HR and benefit professionals who are becoming overly dependent on delivering healthcare services through digital means and missing the mark when it comes to achieving cost-effective outcomes. In the article, Haas states, “The only way to do that is with healthcare services that are reasonably priced and transparent and with employers that address the underlying question of why health plan members don’t engage in wellness or make better benefit choices.” Read the full article.

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USI Affinity Launches Enhanced Lawyers’ Professional Liability Insurance Program in Delaware

New Insurance Offering Helps Attorneys Keep Pace With the Changing Lawyers’ Professional Liability Marketplace

USI Affinity announced today a new partnership with the Delaware State Bar Association to offer an enhanced Lawyers’ Professional Liability (LPL) Insurance solution for Delaware attorneys, endorsed by the Delaware State Bar Association. USI Affinity obtains professional liability insurance for more than 35,000 attorneys, and it is the endorsed insurance administrator and partner for more than 30 state and local bar associations nationwide.

“USI Affinity is one of the most respected specialty brokers and program managers in the Lawyers’ Professional Liability space,” stated William Brady, president, Delaware State Bar Association. “We are excited to bring this industry-leading insurance offering to our valued members. This partnership further demonstrates our commitment to continually enhance our member benefit offerings, providing first-class products and services, endorsed by the Delaware State Bar Association.”

Mike Mooney, professional liability practice leader, USI Affinity, added: “Backed by USI Affinity’s industry-leading knowledge, solutions and service, we look forward to delivering customized insurance solutions to help attorneys keep pace with the changing demands of the LPL marketplace. Our newest policy enhancements focus on the challenges attorneys and law firms face on a continual basis, providing the peace of mind they have not had in recent years.”

USI Affinity has created a premier, market-leading team, with world-class expertise and resources, to help protect and insure both small and large law firms. To learn more about the Attorneys’ Preferred Insurance Program, visit https://www.usiaffinity.com/attorneyspreferred.

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 7,500 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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USI Insurance Services Acquires Orgill Singer & Associates, Inc.

New Partnership Expands USI’s Nevada-Based Commercial, Employee Benefit and Personal Risk Expertise

USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Las Vegas-based insurance agency Orgill Singer & Associates, Inc. (“Orgill Singer Insurance”). Terms of the transaction were not disclosed.

Founded in 1986, Orgill Singer Insurance has grown to become one of Nevada’s leading full-service independent insurance agencies, specializing in commercial insurance, employee benefits and personal risk solutions for local businesses and individuals. All of the agency’s team members in Las Vegas and Reno, Nevada, including David Dahan, chief executive officer, Eric Springall, president, and Eamon Springall, chief operating officer, will be joining USI.

David Dahan stated: “USI is an established leader in the risk management, insurance brokerage and consulting market, known for its best-in-class solutions, including proprietary analytics, local and national resources, and team-based planning approach. I am confident this new partnership will further strengthen our longstanding reputation for delivering superior solutions, expertise and service to our valued clients throughout Nevada.”

“We look forward to joining forces with USI,” shared Eric Springall. “Our clients will continue to benefit from our coordinated solutions and support on a local level, and as part of USI, will also have access to USI’s proprietary resources, solutions and expertise on a national level.”

Eamon Springall commented: “For more than 30 years, our focus at Orgill Singer Insurance has been devoted to caring for the interests of businesses and families across Nevada, and we look forward to continuing that tradition with USI.”

Michael Sicard, USI chairman and chief executive officer, stated: “We are thrilled to welcome the experienced professionals from Orgill Singer Insurance to the USI family. By partnering as one, we look forward to serving our current and future clients throughout Nevada, the U.S. and internationally, by leveraging the USI ONE Advantage®, a unique platform that delivers innovative risk management and employee benefit solutions with bottom-line financial impact.”

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 7,500 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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Joni Mason to Speak at Annual Claims and Litigation Management Alliance Conference in Dallas, March 18-20

Annual conference to feature over 80 collaborative educational sessions and keynote presentations designed for professionals in the claims and litigation management industries

Joni Mason, national advisor and claims advocate for USI’s Executive and Professional Risk Solutions Practice, will participate in an expert panel discussion titled, “The Continuing Effects of #MeToo on Litigation and Legislation,” at this year’s Claims and Litigation Management (CLM) Alliance Conference in Dallas, March 18-20. Mason’s session will cover the ways in which legislation has changed since the #MeToo movement with a focus on how this has evolved the practice of employment practices liability and its impact on insurance policies. Learn more.

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Marcia Linton Pens Byline Article for International Risk Management Institute

Article examines how medical bill review pricing impacts loss projection and collateral requirements for workers’ compensation programs

USI’s National Analytics Practice Leader, Marcia Linton, recently authored an in-depth byline article for the International Risk Management Institute (IRMI) titled, “Understanding the Impact of Medical Bill Review Pricing on Loss Projection and Collateral Requirements for Workers’ Compensation Programs.” In the article, Linton discusses the importance of the medical bill review process when it comes to managing total workers’ compensation costs, in addition to providing a breakdown of charges and pricing scenarios. Read the full article.

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Nadia Hoyte to Speak at Annual Advisen Cyber Risk Insights Conference in San Francisco, February 11-12

Annual conference to spotlight key trends and issues facing today’s cyber insurance market

USI’s National Executive and Professional Risk Solutions Practice Advisor, Nadia Hoyte, will lead a panel of industry experts in a discussion titled, “Is Cyber Warfare Insurable?” at this year’s Advisen Cyber Risk Insights Conference in San Francisco, February 11-12, at The Julia Morgan Ballroom. With nearly 300 cyber insurance professionals expected to attend, USI is a proud sponsor of this year’s conference. The conference will cover many issues facing the cyber risk insurance industry, including technology, innovation, the regulatory environment, coverage issues, and client expectations and demands. Learn more.

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Andrew Doherty Interviewed by PropertyCasualty360 on the Top Five D&O Coverage Insights for Organizations in 2020

Interview spotlights the key D&O trends corporate executives and their organizations should have on their radars in 2020

USI’s National D&O Practice Leader, Andrew Doherty, was recently interviewed by PropertyCasualty360 on the current D&O landscape and related coverage insights for corporate executives and their organizations in 2020. In the interview, Doherty explains, “The overall D&O landscape is, and will likely remain, as close to a hard market as we have seen in a very long time. For many public companies, it is undoubtedly already a hard market that will continue in 2020. For privately held and not-for-profit organizations, the outlook shows a firming marketplace, just not to the degree that public companies are facing.” Read the full article. (Free subscription required)

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Kate Anawaty Examines How Effective Communication Strategies Can Boost Employee Engagement and Open Enrollment Metrics with Employee Benefit Adviser

Measuring employee engagement and benefit selections deliver valuable insights for organizations

Kate Anawaty, national communications team leader for USI, was recently interviewed by Employee Benefit Adviser on the value effective communication strategies can have on employee engagement and the open enrollment process. Anawaty shares: “If the goal of the communications strategy is to drive employees to a certain plan or behavior, then looking at the enrollment numbers and seeing a migration or a shift is an indication of a successful communications campaign. We can see from the numbers that what we wanted to encourage is reflected in the outcome.” Read the full article.

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Brian Dove Discusses the Challenges Associated with a Hardening Property Insurance Market with Business Insurance

Commercial property policyholders expected to face ongoing price increases and cuts in capacity through 2020

USI’s National Real Estate Practice Leader, Brian Dove, was recently interviewed by Business Insurance on the current challenges associated with the hardening property insurance market. In the article, Dove shares: “It’s definitely a challenging marketplace for property. Every account is really, and in some cases fortunately, judged on their own merit. I have seen renewals as low as 5% rate increase, but I’ve also seen renewals with 400% to 500% rate increases. The level of increase is driven by where the insured property is located, what kind of losses they’ve had and what kind of catastrophe losses they’ve had, in addition to attritional losses.” Read the full article.

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Andrew Doherty Interviewed by Business Insurance on Recent D&O Program Renewals

Risk managers face rate hikes on directors and officers program renewals

Andrew Doherty, USI’s national D&O practice leader, recently caught up with Business Insurance to discuss the latest trends surrounding D&O insurance program renewals as many risk managers at publicly held companies face double-digit rate hikes. In the article, “D&O rates surge; IPO market hit hardest,” Doherty shares that while rates for companies with IPOs have been higher than many other accounts, now their D&O insurance costs have “gone to extreme levels, to where you’re seeing rates sometimes three times or more above the rates of similarly-sized public companies” that have been public for a number of years. Read the full article.

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USI Consulting Group Chief Legal Officer, Karen McDonough, Profiled in Vanguard Law Magazine

Article highlights McDonough’s career, unique leadership experience and industry expertise

Karen McDonough, chief legal officer for USI Consulting Group, was recently profiled in Vanguard Law Magazine. The featured article highlights McDonough’s career in the retirement and benefits industry, from working in an administrative position in benefits and retirement for Connecticut’s Office of the State Comptroller out of college, attending law school, to joining USI Consulting Group, where today, she is proud to lead a legal team of five other female professionals. Read the full article.

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