USI Insurance Services completed the acquisition of Associated Benefits & Risk Consulting from Associated Banc-Corp for $266m.

USI Insurance Services, an insurance brokerage and consulting firm, completed the acquisition of Associated Benefits & Risk Consulting, a multi-line insurance agency and Midwest-based consulting firm, from Associated Banc-Corp, a US regional bank holding company, for $266m. “We are thrilled to welcome the clients and talented professionals from ABRC to the USI family. Working together as ONE, I am confident our teams will bring tremendous experience and insights, with a shared commitment to delivering a different and better experience for our valued clients across the country,” Michael J. Sicard, USI Chairman and CEO.