Announced
Completed
Synopsis
USI Insurance Services, a provider of risk management, employee benefit and retirement plan consulting, completed the acquisition of Cavanah Associates an independent brokerage firm specializing in commercial and personal risk insurance programs. Financial terms were not disclosed. "This exciting partnership establishes a new Hawaii-based presence for USI, and we are excited to welcome Jim Cavanah, Chris Laniauskas and the entire team of professionals from Cavanah Associates. We look forward to advancing Cavanah Associates’ longstanding tradition of delivering innovative risk management solutions and expertise to clients leveraging the USI ONE Advantage®, a proprietary platform integrating analytics, networked resources and strategic planning to deliver customized solutions with economic impact," Chris Prentice, USI Regional CEO.
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