USI Expands Benefits Presence in MidAtlantic Region with Acquisition of the Employee Benefits Business from The Hartman Group

Issued by: USI

Date: May 30, 2017

VALHALLA, N.Y., May 30, 2017 -- USI Insurance Services ("USI") has acquired Hartman Employee Benefits, Inc., ("Hartman Employee Benefits") from The Hartman Group. Hartman Employee Benefits and its employees will remain at the current Williamsport and State College, Pennsylvania, locations. Terms of the transaction were not disclosed.

Hartman Employee Benefits' solutions include brokerage consulting, benefits administration technology and services, group and individual health insurance, voluntary employee benefits and group insurance.

Prior to USI's acquisition of Hartman Employee Benefits, The Hartman Group, which was founded by W. Howard Hartman in 1932 in Williamsport, Pennsylvania, consisted of The Hartman Agency, Inc., Hartman Employee Benefits, Inc., and Hartman Financial Services operating out of offices in Williamsport, State College and Duncannon.

John J. Micale, USI MidAtlantic regional chief executive officer, said: "The team at Hartman Employee Benefits has a long history of industry expertise, world class customer service and unparalleled value. We see their shared-team approach, passion for execution and ability to deliver efficient outcomes as a perfect complement to our operations and with the USI ONE Advantage®. I am pleased to have Jens and his team join our growing family, and we look forward to advancing our benefits practice together in central Pennsylvania and to extending our presence as the preeminent insurance brokerage and consulting firm in the MidAtlantic region."

Jens Thorsen, president, Hartman Employee Benefits Inc., said: "Since our founding, it has been our mission to bring our passion and experience to our clients in a way that positively impacts their businesses. The USI ONE® platform ensures our clients will continue enjoying employee benefits that are better and different than our competition, plus now they will have access to USI's expanded suite of property-casualty, employee benefits, retirement consulting and personal risk solutions. We are excited to be joining a company that is raising the bar on risk management and employee benefit programs, and we look forward to collaborating with John and his team on accelerating a path for growth in this strategic marketplace."

Michael Gaetano, president of The Hartman Agency, Inc. said: "It is our responsibility to our clients and all stakeholders, including the communities we serve, to offer robust solutions that have a positive economic impact in this ever-changing area of healthcare and health insurance. We are confident USI ONE complements our key tenets of creating measurable value for clients, and it is a strategic pathway for delivering timely and effective benefit programs that will remain supported by Hartman Employee Benefits' trusted and talented professionals."

About USI
USI is a leading local and national insurance brokerage and consulting firm, delivering property and casualty, employee benefits, personal risk and retirement solutions throughout the United States. Headquartered in Valhalla, New York, USI has over $1.0 billion in revenue, employs more than 4,400 professionals and operates out of 140 local offices serving every state. USI has become a premier insurance brokerage and consulting firm by leveraging the USI ONE Advantage®, an interactive platform that integrates proprietary and innovative client solutions, networked local resources and enterprise-wide collaboration to deliver customized results with positive, bottom line impact. USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities. For more information, visit usi.com.

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