USI Insurance Services (USI), one of the largest insurance brokerage and consulting firms worldwide, has acquired Texas-based D&H Risk Services LLC (D&H Risk Services), with the terms of the transaction undisclosed.
D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals throughout Texas.
“For more than 80 years, the D&H team has taken pride in delivering quality service and local expertise to our valued clients,” said D&H Risk Services president Trace Shappell.
The deal will see D&H Risk Services continue delivering quality service and local expertise to its clients by offering expanded access to USI’s resources and solutions, including the USI ONE Advantage®, a unique platform that delivers innovative risk management and employee benefit solutions with bottom-line financial impact.
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USI regional CEO John Collado said he expects the acquisition to boost D&H Risk Services’ focus on building long-term client relationships through an expanded suite of innovative risk management and employee benefit solutions.
“We are thrilled to expand USI’s Texas-based presence by welcoming the talented team of professionals from D&H Risk Services to the USI family,” Collado added.
USI has been on an acquisition spree since late last year, with the most recent acquisition involving Griffin MacLean Insurance Brokers, a Washington-based independent brokerage founded in 1981.
