USI Holdings Acquires Business from Seattle Broker RA Bench
USI Holdings Corp. has reported the closing of the acquisition of the insurance and financial services business of RA Bench, a Seattle, Washington, based wealth management, executive and group employee benefit insurance brokerage firm.
The acquired RAB business, which will be integrated into USI’s existing Seattle office, is expected to contribute approximately $3 million in revenues to USI on an annual basis. Terms of the transaction were not disclosed.
Source: USI
Popular Today
- Experian Launches Insurance Marketplace App on ChatGPT
- Trump’s EPA Rollbacks Will Reverberate for ‘Decades’
- Judge Awards Applied Systems Preliminary Injunction Against Comulate
- People Moves: Aon Appoints Peiser CEO of Risk Capital; Liberty Mutual Announces Leadership Transition in Global Risk Solutions