USI Insurance Services acquires actuarial consulting firm Hildi

USI Insurance Services, a US insurance brokerage and consulting firm, has acquired Minnesota-based actuarial consulting firm Hildi Incorporated for an undisclosed price.

Established in 2004, Hildi specializes in actuarial retirement plan services, which includes the design, administration, accounting and valuation of defined benefit pension plans, including post-retirement health and welfare plans and cash balance plans.

Hildi’s operations will be combined with USI Consulting Group, a unit of USI Insurance Services.

USI Consulting Group is a provider of defined contribution and defined benefit plan consulting and administration services.

Jill Urdahl – President of Hildi Incorporated said: “Since Hildi’s founding, we have earned a strong reputation for delivering a higher level of actuarial service, insight and skill to provide an exceptional experience for our valued clients.

“Like Hildi, USI Consulting Group believes in delivering outstanding customer service, and they have a long history of providing top-quality actuarial, administrative, and consulting services for pension and Other Post-Employment Benefits plan sponsors.

“This partnership marks an exciting milestone for our firm, and we look forward to bringing the collective experience and added resources of one of the largest insurance brokerage and consulting firms in the country to our current and future clients.”

Bill Tremko – president and CEO of USI Consulting Group said: “We are thrilled to welcome the talented professionals from Hildi Incorporated to the USI family, and look forward to expanding USI’s retirement consulting expertise in the upper Midwest.”