USI Acquires Florida’s Suncoast Associates
USI Insurance Services has acquired Suncoast Insurance Associates Inc., a Tampa, Florida-based insurance brokerage specializing in professional liability programs in Florida.
USI said this acquisition is expected to contribute approximately $3 million in revenues on an annual basis.
Terms of the transaction were not disclosed.
USI is headquartered in Briarcliff Manor, N.Y., and operates out of 81 offices in 24 states. USI is a portfolio company of private equity firm Goldman Sachs Capital Partners
Popular Today
- Florida Woman Sentenced in $6 Million Force-Placed Insurance Scheme
- Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers
- Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban
- Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026