USI Insurance Services Acquires Plumhoff & Associates
USI Insurance Services (USI), headquartered in Briarcliff, N.Y., has closed its acquisition of Plumhoff & Associates (Plumhoff), a Houston, Texas-based employee benefit brokerage firm specializing in corporate health and welfare benefits, executive benefits, and international benefits for upper middle-market businesses.
The acquisition is expected to contribute approximately $6.4 million in revenues to USI on an annual basis. Terms of the transaction were not disclosed.
Craig Plumhoff, Larry Kachler, Mark Grierson, Dale Shivers and other professionals from Plumhoff will transition to USI.
Source: USI Insurance Services
Popular Today
- NY Plane Crash Kills 5 Members of Georgia Family, Including Former Insurance Analyst
- Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site
- Giant Sinkhole Swallows Center of Illinois Soccer Field
- US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red