NEW YORK - August 5, 2020 - NFP, a leading insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, today announced the acquisition of Reilly Benefits Inc., in a transaction that closed effective July 1, 2020.
Reilly Benefits, an employee benefits broker located in Churchton, MD, focuses on supporting small to mid-sized employers in the southern Maryland and greater Washington, D.C. area. The firm's expertise in Affordable Care Act (ACA) compliance and helping employers accelerate and manage growth aligns with NFP's focus on broadening employee benefits capabilities. David Wenrich and Amy Felix, principal's of the firm, will join NFP as a vice president and an account manager, respectively, and be part of NFP's Mid-Atlantic region, led by Ethan Foxman, the president of the region.
'We have a strong property and casualty practice in southern Maryland,' said Foxman. 'Adding the Reilly team allows us to round out our capabilities in the market. David and Amy are true experts in employee benefits, each with 25 years of experience. We are excited to have them and their staff on our team and look forward to sharing their expertise with our clients.'
'We're excited to join the NFP team and contribute to the expansion in the Mid-Atlantic area,' said Wenrich. 'It was important to us to join an organization that shares our values, consistently demonstrates a commitment to growth and encourages collaboration. NFP offers the culture and resources we need to deliver best-in-class solutions to our current and future clients.'