NFP buys HNW specialist and plans $250mn debt issueExpansive retail broker NFP is set to raise $250mn in a new debt issue and increase preferred equity with net proceeds used to buy back stock and fuel further acquisitions, as well as buy back stock.
NFP adds to surety team with another JLT hireIhab Loubieh has joined US broker NFP’s property casualty team as a senior vice president in the surety division.
NFP hires another JLT Specialty exec on West CoastIn NFP’s latest appointment from JLT Specialty USA, Steve Smith has joined the expansive broker as a senior vice president in its property casualty, West region.
NFP hires another former JLT exec for financial institutions groupExpansive private equity-backed broker NFP has added another former JLT Specialty USA executive to its ranks with the hire of financial institutions specialist Natasha Kiemnec.
NFP buys New York workers’ comp specialist GCGExpansive private equity-backed US broker NFP has continued the build out of its P&C platform with the acquisition of GCG Risk Management.
Former JLT Specialty USA exec Turk joins expansive NFPFormer JLT Specialty USA executive Doug Turk has re-emerged at NFP as the latest high-profile hire by the expansive private equity-backed retail broker.
MMC sues NFP defectors to enforce non-solicitation and confidentiality agreementsMMC has sued NFP and four former JLT Specialty USA employees over the defection of real estate and property teams from the newly acquired broker.
NFP hires Pestana and other JLT execs for LA officeMMC-owned JLT Specialty USA real estate practice leader Gary Pestana is one of several executives to leave the firm to join expansive private equity-backed US retail broker NFP, The Insurer can reveal.
JLT Specialty USA property head Sherman takes team to NFPMMC-owned JLT Specialty USA property practice leader Sarah Sherman has left the firm to join private equity-backed broker NFP, The Insurer can reveal.