VALHALLA, N.Y. — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Noblesville, Indiana-based Ritman & Associates Inc. (“Ritman”). Founded in 1989, Ritman specializes in the delivery of insurance solutions for lawyers and professionals, small businesses and individuals. The company’s operations will be combined with USI Affinity, USI’s program business division, providing insurance, financial and risk management services to affinity organization members. Terms of the transaction were not disclosed.
Commenting on the new partnership, Ritman & Associates President, Jennifer Ritman, stated: “For over 30 years, our primary focus at Ritman has been to understand the unique business needs of our clients and to support them with a tailored suite of insurance and risk management solutions. By joining forces with USI Affinity, we will continue to put the needs of law firms and small businesses first by providing our clients expanded access to USI’s best-in-class resources, including solutions specifically tailored for attorneys.”
USI Affinity’s Senior Vice President and Professional Liability Practice Leader, Mike Mooney, added: “We are thrilled to welcome Jennifer and the entire team from Ritman to USI Affinity. Together, we look forward to continuing to enhance our legal malpractice suite of products while expanding our presence in both new and existing territories.”
Source: USI Insurance Services
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.