MOUNTAIN VIEW, Calif., Dec. 7, 2005 — Lawson-Hawks Insurance Associates, Inc., a regional independent insurance broker based in Mountain View, California, today announced the acquisition of the El Dorado Hills, California Healthcare Property/Casualty Group operation of USI Holdings Corporation (NASDAQ: USIH). The Healthcare Property/Casualty Group specializes in risk management solutions for hospitals, healthcare facilities and physicians in the Western United States. The terms of the transaction were not disclosed.
John Miller, Chief Executive Officer of Lawson Hawks Insurance Associates, Inc., said of the acquisition, "We are genuinely excited about the addition of the El Dorado Hills Healthcare Property/Casualty Group to the Lawson-Hawks family. While we have built a substantial client base in the healthcare community over the years – both doctors and healthcare facilities – the addition of the El Dorado Hills Healthcare Group acts as an accelerator in this marketplace. The assimilation of Wes Justyn and the very fine team of risk analysts in El Dorado Hills creates opportunities to better serve this esoteric market while also expanding the Lawson-Hawks healthcare servicing footprint on a national level, something we have desired for a number of years."
Wes Justyn, a senior officer of the El Dorado Hills Healthcare Property/Casualty Group, said of the acquisition, "We're excited about the fit that Lawson-Hawks provides. This partnership permits us to substantially expand the depth of both our marketing to new prospective clients and servicing of existing client relationships. With Lawson-Hawks, we will have greater resources available in terms of consultancy and dedicated healthcare risk management personnel."
About Lawson-Hawks Insurance Associates
Founded in 1937, Lawson-Hawks is a regional independent insurance brokerage representing a vast array of insurance carriers and providing risk management, commercial and personal lines insurance, association programs, retirement planning and employee benefits to over 15,000 global customers. Lawson-Hawks (http://www.lawson-hawks.com) currently maintains other regional offices in Sacramento, Monterey and Los Angeles.
For further information, contact Jon Hilgers, Senior Vice President, New Business Development, at 650.237.3023 or Email