NEW YORK – July 9, 2020 – NFP, a leading insurance broker and consultant that provides property and casualty, corporate benefits, retirement, and individual solutions, today announced the hiring of Lauren Kim as senior vice president. Kim will join NFP’s specialty financial institutions group as its legal and technical leader. This hire aligns with NFP’s continued efforts to expand specialty operations and industry vertical expertise.
NFP’s financial institutions group (FIG) is a specialty line that provides deep industry and product expertise for financial institutions — banks, insurance companies and investment management firms. It is uniquely positioned as one of the only financial institutions teams in the industry that helps clients access the global markets with advisory and insurance placement services across the full continuum of specialty property and casualty lines. The FIG team is comprised of experts in liability exposures, cyber security and lender’s risks.
Kim comes to NFP with more than a decade of legal experience, first as a practicing attorney and most recently as the financial institutions claims practice leader with QBE North America. At QBE, she provided superior client service in responding to the complex needs and legal exposures of financial institutions. As part of NFP, she will be an integral member of the FIG client service team. Her responsibilities will include technical risk consultation, legal and regulatory analysis, thought leadership development, and claims advocacy related to NFP’s financial institutions clients and prospective clients. Kim will report to Mark Flippen, managing director and head of NFP’s financial institutions group.
“We are thrilled to welcome Lauren to NFP,” said Flippen. “A major differentiator in our service offering for financial institutions is our integrated legal and technical client advocacy. This is a reflection of our philosophy that as financial institutions specialists, we best position our clients’ risk profile in the global markets by delivering best-in-class insurance contracts, fit for purpose during a claim, and by keeping our clients advised of market dynamics, including the impact of legal and regulatory changes. As an integrated part of our team, Lauren will help us execute on all aspects of our service to clients.”
“We continue to be a destination for top talent and will invest in our NFP specialty business by welcoming experts who understand the unique nuances and complex risks across industries and their corresponding products,” said Doug Turk, NFP’s specialty leader. “We’re very happy to welcome Lauren to the FIG team.”
NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,600 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 6th largest US-based privately owned broker, and 8th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best’s Review).