Hurricane Sandy is expected to cause about $20 billion in property damage so an insurance deal seems appropriate. Goldman Sachs Capital Partners is selling USI Holdings, an insurance broker, sources say. The auction started after Labor Day; Goldman Sachs is advising on the process, the persons say.
You are browsing the archive for USI Holdings - peHUB.
USI Holdings Corp., a Briarcliff Manor, N.Y.-based distributor of insurance and financial services to businesses, has acquired National City Insurance Group’s retail employee benefit insurance brokerage offices in Ohio, Kentucky and Missouri from PNC Financial Services Group. No financial terms were disclosed. USI is owned by Goldman Sachs Capital Partners.
USI Holdings Corp., a Briarcliff Manor, N.Y.�based distributor of insurance and financial services to businesses, has acquired Corporate Planning Systems, a Bellevue, Wash.-based employee benefit insurance brokerage. No financial terms were disclosed, except that the deal is expected to provide USI with approximately $4.5 million in additional annual revenue. USI is owned by Goldman [...]