NFP backs start-up-focused fund Distributed VenturesNFP has become the anchor limited partner of Distributed Ventures, a new seed and Series A fund focused on early-stage firms and entrepreneurial teams.
NFP grows Northeast presence with IPG buyNFP has acquired the assets of Insurance Provider Group, a Connecticut-based commercial insurance broker that focuses primarily on small to medium-sized businesses.
NFP continues Canadian build out with Foster Park Brokers acquisitionNFP has continued to expand its presence in Canada with the acquisition of Foster Park Brokers, an independent brokerage located in Western Canada.
NFP buys Chicago-based broker Thompson FlanaganNFP has acquired TF Holdings, which does business as Thompson Flanagan, a multi-disciplinary insurance broker that specialises in law firms and private equity firms.
NFP among the investors in TrustLayer’s $15mn Series A roundRisk management platform insurtech TrustLayer has closed a $15.1mn Series A funding round led by Craft Ventures with participation from returning investors including NFP Ventures.
NFP continues European expansion with acquisition of Dublin-based Aiken InsuranceNew York-based broker NFP has acquired Dublin-based retail and commercial insurance-focussed Aiken Insurance, continuing the expansion of its P&C capabilities in Europe.
NFP bolsters finpro team with Marsh’s FrickNFP has continued to grow its financial and professional liability team with the hire of sector specialist Morgan Frick from Marsh.
NFP grows business management offering with TMGJ acquisitionNFP has added to its business management capabilities with the acquisition of Tanner Mainstain Glynn and Johnson (TMGJ).
NFP to provide domestic account servicing to Piiq Canada clients in new partnershipNFP has formed a new partnership with Piiq Risk Partners that will see NFP’s Complex Risk Solutions Group provide domestic account servicing in Canada to Piiq’s major clients.
NFP Canada build out continues with RSA and Aon hiresNFP has added to its expansive Canadian platform with the hires of Michael Whibley from RSA Canada and Brett Flande from Aon.
NFP’s $400mn shareholder distribution triggers Moody’s negative outlookNFP Corp is set to reward shareholders with a $400mn distribution in a move that has led Moody’s to change its rating outlook on the expansive broker to negative based on what it said is its “aggressive” pro forma financial leverage following the payout.
NFP Canada continues CRS build out with further WTW and Marsh hiresNFP has continued to add to its Canadian operation with yet more hires from Willis Towers Watson (WTW) as well as another addition from Marsh.
NFP adds Aon’s Tauber to growing FI teamNFP has made another addition to its growing financial institutions team with the hire of Marc Tauber from Aon.
NFP teams up with Vault for HNW-focused excess liability programNFP has partnered with fast-growing high net worth (HNW)-focused carrier Vault Holdings and launched a new group excess liability insurance program that will be offered through employers and wealth management advisors.
NFP’s Q1 revenues up 15% with broker on target to hit $1.9bn by year endNFP’s revenues increased by 15 percent year on year during the first quarter of 2021 as the business benefited from contributions from acquisitions and organic growth, with the expansive broker on course to reach $1.9bn of annual revenue by year end.
NFP adds Artex’s Scherer to RISC unitNFP’s recent build out of its Risk and Insurance Strategy Collective (RISC) specialty practice has continued with the hire of captive specialist TJ Scherer.
NFP recruits WTW management liability execs Schott and SmithExpansive broker NFP has bolstered its management liability ranks with the hires of Matt Schott and Kevin Smith from Willis Towers Watson, The Insurer can reveal.
NFP Canada adds Hamel in latest WTW hireNFP has added yet another Willis Towers Watson executive to its growing Canadian operation, with Matthew Hamel the latest to make the switch.
NFP adds captive specialists McKenzie and RamosNFP’s recent recruitment drive has seen the expansive broker add two senior executives to its Risk and Insurance Strategy Collective (RISC) specialty practice.
Lockton’s swoop for WTW Florida team highlights litigious war for broker talentWhen Marsh McLennan group CEO Dan Glaser made his audacious – and successful – approach to JLT in 2018, he ignited the touch-paper on a war for broking talent that has continued unabated for the past few years.