USI Insurance Services’ Acquisition Of U.S. Risk


Simpson Thacher is representing USI Insurance Services (USI) in its announced acquisition of U.S. Risk Insurance Group (U.S. Risk). Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2019, subject to customary closing conditions and regulatory approvals.

U.S. Risk is a leading international specialty lines program manager and specialty brokerage firm headquartered in Dallas, Texas, with 16 domestic and international offices. USI is a leading U.S. insurance brokerage and consulting firm, delivering property and casualty, employee benefits, personal risk and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals. USI was acquired by KKR and Caisse de dépôt et placement du Québec in 2017.

The Simpson Thacher team includes Jakob Rendtorff (Picture), Jonathan Stradling and Erika Tang (M&A); David Rubinsky, Eric Wolf and Caitlin Fitzgerald (ECEB); Katharine Moir and Dmitry Zelik (Tax); Richard Fenyes (Capital Markets); Steven DeLott (Insurance); Lori Lesser and Genevieve Dorment (IP); Adam Moss (Credit); Noreen Lavan (Environmental); and Peter Guryan and Ellen Frye (Antitrust).

Involved fees earner: Steven DeLott – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Richard Fenyes – Simpson Thacher & Bartlett; Caitlin Fitzgerald – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Jakob Rendtorff – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Adam Moss – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Jonathan Stradling – Simpson Thacher & Bartlett; Erika Tang – Simpson Thacher & Bartlett; Eric Wolf – Simpson Thacher & Bartlett; Dmitry Zelik – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: USI Insurance Services;

Author: Ambrogio Visconti