New Partnership Expands USI’s Washington-based Expertise
USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, announced the acquisition of Insurance and Capital Management LLC (“ICM”), an independent insurance brokerage operation based in Mill Creek, Washington, near Seattle, specializing in insurance and risk management for offshore fishing maritime operations. Terms of the transaction were not disclosed.
“We are extremely excited about this new partnership with USI,” stated Mike Amiss, principal, ICM. “Over many years, the ICM team has earned a strong reputation for delivering superior service and a deep understanding of the marine insurance marketplace, in particular offshore fishing operations. I am confident our partnership with USI will further enhance the value we bring to our clients.”
Nick Munday, principal, ICM, added: “Our clients will continue to benefit from our team delivering coordinated solutions and support on a local level combined with our unparalleled access to international insurance markets. As part of USI, they will also have access to USI’s market-leading resources, solutions and national expertise available through the USI ONE Advantage®. This gives us access to a unique platform that delivers innovative risk management and employee benefit solutions.”
Christopher Prentice, USI’s regional CEO, stated: “We are thrilled to welcome the full ICM team of talented professionals to the USI family. Together, we look forward to expanding our combined marine industry expertise and remain committed to delivering an unmatched level of service for our current and future clients throughout the Pacific Northwest.”