USI Insurance to buy Atlanta firm

By Bill Heltzel

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USI Insurance Services is adding a Georgia firm to its portfolio.

USI and Johnson & Bryan, based in Atlanta, expect to close the deal this year. The terms were not disclosed.

Atlanta will be a new market for USI. Johnson & Bryan employs about 86 people there, and all of them will be offered jobs, according to a USI press release.

Johnson & Bryan, founded in 1931, designs business insurance and employee benefits plans. In 2013, the Atlanta Business Chronicle listed it as the ninth-largest property and casualty insurance broker in Atlanta, with more than $130 million in premium volume.

USI, based in Valhalla, was founded in 1994. It has grown from one office with 40 employees and $6.5 million in revenue to 140 offices, 4,400 employees and more than $1 billion in revenue.

USI describes itself as one of the leading middle market brokers nationally. It provides property and casualty insurance, employee benefit plans and personal risk and retirement plans.

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About the author

Bill Heltzel
Bill Heltzel has covered criminal justice, courts, government and sports – as a beat reporter and investigative reporter – for daily newspapers in Florida, Indiana, Ohio, and Pennsylvania. He worked for Bloomberg LP in training and sales. He joined The Business Journal in 2016.
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