USI Insurance Services (USI), a provider of insurance brokerage and risk management services, has acquired Philadelphia, Penn.-based Beneficial Insurance Services, a wholly owned subsidiary of Beneficial Bancorp Inc.
Founded in 2005, the insurance brokerage provides commercial property and casualty, personal risk and employee benefit products to clients in the Mid-Atlantic region. Terms of the transaction were not disclosed.
Headquartered in Valhalla, New York, USI offers property and casualty, employee rights, personal risk and retirement services to major risk management customers, middle market companies, smaller-scale companies and individuals.
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