USI Insurance Services agreed to acquire Van Gilder Insurance Corp. The acquisition of the Denver, Colo. company is expected to close Dec. 10.

Van Gilder is a full-service insurance brokerage firm that offers employee benefit programs, business insurance, risk management services and personal insurance products. The acquisition will enable USI to expand its footprint in the Rocky Mountain region and further solidify the company's vision of becoming the number one brand in the middle-market insurance brokerage industry.

“For over a century, Van Gilder has been working with clients to listen, learn and assess their needs. In addition to delivering top-notch solutions that are competitively priced, their experienced staff provides ongoing education, advice and guidance to make the insurance process even easier. Through this acquisition, we are not only expanding our national footprint, but our mutual strengths in client service and industry knowledge will benefit both Van Gilder and USI's clients,” said Michael J. Sicard, president, chief executive officer and chairman of USI.

Van Gilder's current president of Donald McG. Woods and chief financial officer Edward M. Harrington, Jr., will remain in their leadership roles following the acquisition, although the company's name will be changed to USI Colorado.

“Our acquisition by USI represents a very important step in our current strategic plan to grow our services and products for clients throughout the Rocky Mountain region,” said Woods.

Customers of Van Gilder will continue to receive the same level of service, and policies will not be impacted.

“We'll be focused on ensuring a smooth transition in the coming months and collaborating with the USI team,” said Woods.

Special Reports /

USI Acquires Van Gilder Insurance

Related Stories

Recommended For You