USI Insurance Services Acquires Employee Benefit Concepts

Through the acquisition, Employee Benefit Concepts clients gain access to an expanded suite of tools, solutions and expertise available through USI ONE Advantage.

(Image source: USI ONE Advantage promotional video.)

USI Insurance Services (Valhalla, N.Y.), a brokerage, risk management and employee benefit consulting firm, has announced the acquisition of Buffalo, New York-based Employee Benefit Concepts, Inc. Founded in 2004, Employee Benefit Concepts is one of the largest employee benefit consulting and human capital management firms in western New York. Terms of the transaction were not disclosed.

Christopher J. Fiorello, President, Employee Benefit Concepts.

“This partnership marks an exciting milestone for our firm,” comments Christopher J. Fiorello, president, Employee Benefit Concepts. “By joining forces with USI, our clients will continue to have the opportunity to work with the talented team of local experts that we have assembled, and have access to an expanded suite of industry-leading tools, solutions and expertise available through USI ONE Advantage, a unique platform that delivers innovative risk management and employee benefit solutions with bottom-line financial impact.”

Joseph J. Fico, USI New England regional CEO, comments, “We are pleased to welcome Chris and the talented professionals from Employee Benefit Concepts to the USI family. By joining as ONE, we will continue to deliver a superior level of service and support to clients throughout western New York and beyond.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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