NEW YORK, October 2, 2025 — NFP, an Aon company and leading property and casualty (P&C) broker, benefits consultant, wealth manager and retirement plan advisor, today announced the addition of two new benefits leaders, Mark Carroll and Bill Schmidt, and their respective books of business. Carroll and Schmidt will each join as vice president, Benefits, in NFP’s Atlantic region. They are based in northern Virginia and will report to Katie McLaughlin, senior vice president, Benefits.
“I’m thrilled to welcome Mark and Bill to the team as we expand our employee benefits capabilities in the D.C. area,” said Ethan Foxman, president of NFP’s Atlantic region. “With over 60 years of small business employee benefits consulting experience combined, they will be invaluable resources to our clients and team.”
Schmidt brings over three decades of experience managing benefits strategies for businesses and individuals in the D.C. metro area. He cofounded Small Business Insurance Solutions, Inc. (SBIS) with Mark Carroll and served as its president. In welcoming Schmidt, NFP has acquired the business operations of SBIS.
Carroll also has over three decades of experience in the D.C. area working with small to midsize businesses, most recently as a managing partner of Capital Group Benefits (CGB). As he joins NFP he is selling his ownership stake in CGB, and NFP is acquiring his book of business.
“We’re excited to join NFP, contribute to their growth and introduce new opportunities to our clients,” said Carroll and Schmidt in a joint statement. “Small business owners today are faced with the difficult challenge of maintaining a competitive and attractive employee benefits package while containing costs. NFP has the capabilities and expertise to elevate their position as a trusted partner for companies across the greater D.C. area.”
