USI Insurance Services Acquires Chernoff Diamond & Co., LLC

USI Insurance Services Acquires CHS Insurance from CHS Inc.

May 8, 2018

Insurance

USI Insurance Services has closed the acquisition of CHS Insurance, the agribusiness insurance brokerage formerly part of CHS Inc.; terms were not disclosed. The deal expands USI’s capabilities and footprint in agribusiness, food processing and cooperative insurance and brings the CHS Insurance team onto USI’s national platform.

USI Insurance Services Acquires CB Insurance

January 19, 2021

Insurance

USI Insurance Services announced the acquisition of Colorado Springs–based CB Insurance, LLC, a nearly 100-year-old regional brokerage specializing in commercial and personal risk programs. The deal expands USI’s presence and commercial/personal risk capabilities in Colorado; terms were not disclosed.

USI Consulting Group Acquires Burke Group

January 16, 2024

Wealth Management

USI Consulting Group (USICG), a national retirement plan consulting and benefits administration firm and a subsidiary of USI Insurance Services, has acquired Burke Group, a Rochester, New York-based retirement plan advisory and actuarial firm. Burke will join USICG but will exit its compensation consulting business as part of the transaction; terms were not disclosed.

USI Insurance Services Acquires Hildi Incorporated

September 28, 2020

Consulting

USI Insurance Services has acquired Hildi Incorporated, an Eden Prairie, Minnesota-based actuarial consulting firm that specializes in defined benefit pension and post‑retirement plan services. Hildi will be combined with USI Consulting Group to expand USI’s retirement consulting capabilities in the Upper Midwest; terms were not disclosed.

USI Insurance Services Acquires Insurance and Capital Management LLC

September 20, 2021

Insurance

USI Insurance Services acquired Insurance and Capital Management LLC (ICM), an independent insurance brokerage based in Mill Creek, Washington that specializes in marine insurance for offshore fishing operations. The acquisition expands USI's marine industry expertise and strengthens its Washington / Pacific Northwest presence; terms were not disclosed.

USI Insurance Services Acquires Reynolds & Reynolds (Des Moines)

September 7, 2021

Insurance

USI Insurance Services has acquired Reynolds & Reynolds, Inc., a Des Moines-based independent risk management and employee benefits agency, to expand USI's local presence in Iowa. Terms were not disclosed; Reynolds & Reynolds' leadership and staff will join USI to deliver expanded risk management and employee benefits solutions.