Broker USI Insurance Services buys peer D&H in move on Texas market

Broker  USI Insurance Services will buy Texas-based peer D&H Risk Services, USI said Monday.

The deal follows two fourth-quarter 2021 acquisitions, including for Griffin MacLean Insurance Brokers in November and Daul Insurance in October.

Terms of the transaction were not disclosed.

John Collado (pictured), USI’s regional CEO, stated: “We are thrilled to expand USI’s Texas-based presence by welcoming the talented team of professionals from D&H Risk Services to the USI family. Working together, we look forward to leveraging our combined strengths to advance D&H Risk Services’ longstanding focus on building long-term client relationships through an expanded suite of innovative risk management and employee benefit solutions.”

Trace Shappell, president, D&H Risk Services, expressed satisfaction his group will be able to offer clients access to USI’s risk management and employee benefit platform USI ONE Advantage.

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