NEW YORK – March 26, 2018 – NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, closed 2017 with 42 acquisitions and more than 10 percent year-over-year revenue growth. In particular, through a combination of strategic acquisitions and steady organic growth, NFP expanded its P&C offerings in a range of U.S. markets, including the Mid-Atlantic, Northeast, Southern regions and throughout the West. Simultaneously, NFP saw solid growth within its benefits offerings.
"2017 was a great year for NFP. We welcomed many new team members and resources, particularly across the P&C space, to continue to deliver personalized, impactful service to our customers," said Doug Hammond, Chairman and CEO, NFP. "In evaluating potential prospects for acquisitions, we seek to make sure they broadly align with NFP’s values, including integrity and a strong commitment to teamwork and ethics. This will continue to serve us well going into 2018."
At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client’s goals. We’re a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement and individual private client solutions through our licensed subsidiaries and affiliates.
NFP has more than 4,200 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients’ needs. We’ve become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.
Recently NFP was ranked the 4th largest U.S.-based privately owned broker, the 5th largest benefits broker by global revenue and the 5th best place to work in insurance by Business Insurance, the 9th largest property & casualty agency by total 2016 P&C revenue and the 9th largest commercial lines agency by total 2016 P&C and commercial lines revenue by Insurance Journal, the 10th largest employee benefits broker by Employee Benefit Adviser, the 11th largest global insurance broker by Best’s Review and the 12th largest broker of U.S. business by Business Insurance.
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