USI Insurance Services Acquires Wallace/Scott in Alaska

Valhalla, N.Y.-based USI Insurance Services announced the closing on the acquisition of Wallace Insurance Inc./Scott Insurance Services headquartered in Anchorage, Alaska.

The employee benefits practice and all of its employees will join USI’s Anchorage office. By acquiring Wallace/Scott, USI’s footprint in the Northwest has been further extended. Terms of the deal were not disclosed.

Wallace/Scott delivers to its clients an array of employee benefit products and services, including expertise in wellness, insured/self-funded plans, group life and disability plans, along with executive business travel accident programs.

USI is operates out of more than 140 offices across the U.S.