American insurance firm USI Insurance Services has acquired Griffin MacLean Insurance Brokers to enhance its commercial and personal risk capabilities.
The financial value of the deal was not revealed.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataEstablished in 1981, the acquired firm is an independent insurance broker, which caters to businesses and individual customers in Washington and Alaska.
USI regional CEO Christopher Prentice said: “We are thrilled to welcome the talented professionals from Griffin MacLean to the USI family. Partnering as one, we look forward to strengthening USI’s commercial and personal risk expertise in service to our current and future clients throughout Washington state and beyond.”
Griffin MacLean president Paul Dent said: “For the last 40 years, we have taken pride in our team’s personalised, consultative approach to delivering innovative insurance solutions and risk management advice to clients.
“By joining forces with USI, we look forward to continuing this tradition by providing our valued clients access to an expanded set of tools, solutions and expertise, including the USI ONE Advantage.”
USI, a global insurance brokerage and consulting firm, offers property and casualty, employee benefits, personal risk, program and retirement solutions.
In September 2020, the insurance broker acquired Reynolds & Reynolds, an independent risk management and employee benefits agency.
In February 2021, Washington-based Inland Insurance was acquired by USI to expand its footprint in the northwest US.
Before that, in December 2019, USI bought Nebraska-based Marcotte Insurance Agency.