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CHS Insurance Sold to USI Insurance Services
USAgNet - 05/15/2018

USI Insurance Services announced the closing on the acquisition of CHS Insurance, formerly part of CHS Inc. CHS Insurance is one of the nation's largest agribusiness insurance brokers and a leading insurance provider of agriculture cooperatives in the United States. It has provided insurance and risk management solutions to agribusiness, food processing, petroleum and agricultural cooperatives for 80 years.

Michael Sicard, chairman and CEO, USI, said CHS Insurance is recognized as a leader in agribusiness insurance, with a strong dedication to understanding clients' risks and helping businesses grow.

CHS Insurance President Bryan Lewis adds that for eight decades, his group has been providing its clients with insurance and risk management solutions tailored to the agricultural industry. "Teaming with USI will allow us to bring clients additional products and services to protect their businesses and employees," he said.

Terms of the transaction were not disclosed.

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