USI Acquires Holmes Murphy in Missouri

USI Insurance Services has acquired the Saint Louis, Mo. operation of Holmes Murphy.

The business and its employees will join USI’s Saint Louis office. Terms of the deal were not disclosed.

The acquired business was established in 1995 and was followed in 1996 with the acquisition of Corporate Benefit Strategies, a locally-owned insurance broker. The practice provides employer insurance benefits and property-casualty programs for personal and commercial customers.

This acquisition further strengthens USI’s presence as a leading middle market insurance brokerage and consulting firm in the Midwest region, and complements USI’s wide range of commercial property-casualty, employee benefits, personal risk services and retirement consulting offerings, the firm stated.

USI has more than 140 offices throughout the U.S.