USI snaps up Indiana benefits brokerage

Deal bolsters its employee benefits consulting expertise

USI snaps up Indiana benefits brokerage

Benefits

By Ryan Smith

USI Insurance Services has announced that it has acquired Indiana-based employee benefits brokerage Benefits 7. The terms of the transaction were not disclosed.

“This exciting partnership with USI further strengthens our ability to help employers optimize their benefit plans by offering access to USI’s expanded suite of industry-leading solutions and expertise,” said Benefits 7 partner James Franklin.

“Since our company’s founding in 1987, Benefits 7 has grown to become one of the leading employee benefit advisory firms in Indiana,” said Guy Henry, partner at Benefits 7. “By joining forces with USI, one of the world’s largest insurance brokerage and consulting firms, our clients will benefit from USI’s ONE Advantage platform, offering detailed analytics and exceptional insights aimed at enhancing benefits, improving employee health and reducing costs.”

“Together, Benefits 7 and USI will offer a distinctive suite of employee benefit, property and casualty, personal risk and retirement solutions to our valued clients, who will continue to work with the same team of local professionals they’ve come to know and trust,” said William Henry, partner at Benefits 7.

“We are thrilled to welcome the talented professionals from Benefits 7 to the USI family,” said Thomas Cassady, regional CEO for USI. “Together, we look forward to building on their strong reputation and delivering an unmatched level of service and expertise for our current and future clients throughout Indiana and the Midwest region.”

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