USI Insurance Services Inc. has acquired Full Service Insurance Agency Inc., USI said in a statement Monday.
Terms of the transaction were not disclosed.
Franklin, Tennessee-based Full Service serves middle Tennessee, placing commercial insurance and employee benefits, the statement said. Full Service will assume the USI brand, according to a spokesman in an email, who added this establishes Valhalla, New York-based USI’s first office in the Nashville area.
Full Service has 21 employees, according to the spokesman.
USI is the eighth-largest broker of U.S. business, according to Business Insurance’s latest ranking.
USI has more than 7,000 employees in about 200 offices, according to the statement.
USI Insurance Services L.L.C. on Tuesday said it has completed its acquisition of agribusiness broker CHS Insurance Services L.L.C.