Archived Insight | June 8, 2022
Segal, a leading benefits and HR consulting firm, has acquired Bayview Insurance Group d/b/a Union Services Agency (USA), a Michigan-based insurance brokerage firm. The brokerage has focused on serving the insurance needs of labor organizations, multiemployer funds and public sector entities for more than 25 years.
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“The acquisition of Union Services Agency better positions Segal to serve the insurance and risk needs of our current and future clients,” said David Blumenstein, President and CEO of Segal. “This is an important addition to our company and the Union Services Agency team’s expertise helps further our mission of delivering trusted advice to clients.”
The entire USA team has become part of Segal’s Insurance Brokerage Practice, under the leadership of Diane McNally, Senior Vice President, Segal’s National Insurance Brokerage Services Leader. Segal will now have additional resources to better support clients and expand client relationships in the Midwest.
“We look forward to offering clients access to Segal’s extensive consulting offerings,” said Sally Corbin, former CEO of Union Services Agency, who has joined Segal as Senior Vice President and Director of Insurance Relations. “Both firms are known for possessing a deep understanding of client needs and developing solutions to address those needs.”
Corbin, reporting to McNally, is now responsible for providing brokerage placement consulting and administrative services for property and casualty programs in all markets. This includes the major financial lines of fiduciary liability, cyber liability, fidelity bonds, professional liability and union liability insurance.
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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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