ATLANTA–The investment community believes insurance brokers are a good investment in the future, which is why USI Holdings secured backing for its transition to a private company, the firm's chief executive said.
Speaking before a group of agency and brokerage firm executives, David L. Eslick, chairman, chief executive officer and president of the Briarcliff Manor, N.Y.-based insurance brokerage firm, said the investment of private equity money in the insurance arena is “one of the most positive endorsements of our business in a long time.”
Mr. Eslick was part of a panel discussion on mergers and acquisitions that was part of Atlanta-based Reagan Consulting's two-day seminar here dealing with issues concerning mergers, acquisitions and internal perpetuation.
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