USI Insurance Services (USI) has acquired Lynch, Beretta and Bucci Insurance, a Pawtucket, Rhode Island-based property and casualty insurance agency in an undisclosed transaction.
USI’s regional CEO for New England Thomas Stiles said that under Gary’s leadership, the firm of Lynch, Beretta and Bucci Insurance has been providing outstanding service geared to delivering results without delay.
"Without question, this acquisition further strengthens USI’s position as one of the leading insurance brokerage firms in Rhode Island, and I am pleased that the Lynch, Beretta and Bucci Insurance agency is a part of the USI team," Thomas added.
Lynch, Beretta and Bucci Insurance president Gary Bucci said the combination of their two strong property and casualty practices will enable their agency to offer additional products and services while maintaining the level of specialized customer attention the firm has become known for throughout Rhode Island.
"By joining the USI team, we will continue our mission of helping our existing clients manage the risks of everyday life and enabling them to recover as quickly as possible from life’s unforeseen events," Bucci added.
Headquartered in Briarcliff Manor, New York, USI is a portfolio company of Goldman Sachs Capital Partners, which distributes property and casualty insurance and employee benefits products to businesses throughout the US.