13 04 2016

Brooks Insurance merges with USI Insurance Services

The Brooks Insurance Agency has been sold to a major New York insurance firm, though the company’s president said the downtown Toledo office will continue to operate more-or-less independently from its new corporate parent.


USI Insurance Services, based just outside New York City, is one of the country’s largest insurance brokers, with 150 offices across the United States. Brooks, founded in 1922, works predominantly with privately held, middle­market businesses, offering property and casualty insurance, employee benefit plans, and contractor bonding. Brooks does offer individual consumer insurance, though it’s not a large part of the firm’s business. Jones Day advised USI Insurance Services LLC in its acquisition of Brooks Insurance Agency, Inc. with a team led by M&A partner Bruce Raphael. Involved fees earner: Bruce Raphael - Jones Day;

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