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USI Insurance Services Acquires Alliance Benefit Solutions

BRIARCLIFF MANOR, NY, September 20, 2013 – USI Insurance Services ("USI") announced the closing of the acquisition of Alliance Benefit Solutions located in Shelton, CT. Terms of the transaction were not disclosed.

For more than a decade, Alliance Benefit Solutions has been designing and implementing employee benefits and wellness programs for clients throughout the region. The addition of Larry Cass and his team brings more than 50 years of experience and expertise to USI's footprint in lower Fairfield County, thereby affirming the agency's position as one of the largest employee benefits brokerage firms in New England.

Joseph J. Fico, regional chief executive officer for USI's New England Region said, "Alliance Benefit Solutions has a reputation for helping customers navigate through complex healthcare landscapes, and delivering them a superior benefits plan with value-added support. They build long-lasting partnerships by focusing on the client's specific challenges and requirements, and then offering a solution that drives better value for their benefit dollars. This acquisition plays an important role in USI’s vision of becoming the national brand in the middle market and specialty market."

"We are excited to join USI," said Laurence J. Cass, Jr., president and founder of Alliance Benefit Solutions. "The integration of our employee benefits practices will enable us to offer enhanced products and services to our clients, and allow for strategic partnering in future growth opportunities. We will continue to provide the local, personalized attention our customers expect, but they will now have the benefit of USI's extensive technical resources that come with the partnership of a nationally-recognized insurance brokerage firm."

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