USI Insurance Services has closed a deal for Alliance Benefit Solutions.

Alliance, headquartered in Shelton, Conn., designs and implements employee benefits and wellness programs for individuals and companies. Terms of the deal were not disclosed. 

Insurance company USI will combine the Shelton office with its Westport, Conn. office. The company is headquartered in Briarcliff Manor, N.Y.

The deal comes as the insurance industry continues a period of consolidation. Private equity-backed Confie Seguros has made several acquisitions this year, including the retail arm of Affirmative Insurance Holdings Inc. in September, and CW Baker Insurance Agency and Lewiston Insurance Agency in July. 

Digital Insurance has also made several recent acquisitions, including Strategic Employee Benefit Services – Wellesley, Providence and Springfield, in August, and Berg Andonian in July. 

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.