Insurance brokerage and risk management firm, USI Insurance Services, has acquired Oregon-based insurance agency Alfred J. Davis Company.
Alfred J. Davis Company was founded in 1947 and provides commercial insurance solutions and personal risk products to both individuals and businesses in Oregon for more than 70 years.
Following the completion of the transaction, of which the terms have not been disclosed, Alfred J. Davis Company’s employees and business operations will be integrated with USI Insurance Services’ existing office in Portland, Oregon.
President of Alfred J. Davis Company, Dick Davis, said: “Since our founding, it has been our mission to provide our clients with exceptional service and personalized coverage solutions.
“With this acquisition, our valued clients will continue to enjoy the exceptional service they have come to expect from our agency, along with expanded access to USI’s best-in-class solutions, customized through proprietary analytics, local and national resources, and team-based planning. We look forward to helping expand USI’s footprint in Oregon and the greater Northwest region.”
Christopher Prentice, USI Northwest regional Chief Executive Officer (CEO), added: “For well over a half-century, the talented professionals at Alfred J. Davis Company have been dedicated to delivering quality, customer-focused insurance and risk management solutions to businesses and individuals.
“Their ability to offer customizable solutions that fit the unique needs of their clients aligns perfectly with the USI ONE Advantage, and we are thrilled to welcome Dick and his team to USI.”