NFP Acquires Annette Willis Insurance Agency, LLC, Expanding South Florida Presence
Acquisition expands property and casualty team in South Florida
NEW YORK – January 14, 2019 – NFP, a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement, and individual private client solutions, today announced that it has acquired Annette Willis Insurance Agency, LLC (Annette Willis). The transaction closed effective Nov. 1, 2018.
Founded in 1976 by Annette Willis, the firm is based in Miami Gardens, FL, and is a property and casualty brokerage that provides customized solutions to a range of commercial and individual clients. Former principals Larry Willis, Scott Willis and Jeff Willis will join NFP as senior vice presidents reporting to Ed O'Malley, executive vice president and head of insurance brokerage and consulting.
"We're thrilled to welcome Larry, Scott, Jeff and the entire Annette Willis team to the NFP family," said O'Malley. "This acquisition scales our presence in the Southeast region, expanding our property and casualty business and adding experienced leadership to a previously underrepresented market for NFP. We look forward to leveraging Annette Willis's established management team to drive growth in the Southeast."
"NFP is the perfect fit for strengthening our team. We will continue helping current clients manage and prepare for risks while pursuing new avenues for growth," said Larry Willis. "We take pride in protecting people from the unexpected. Tapping into NFP's national network of offerings will allow us to expand and develop new relationships in the region."
NFP is a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement, and individual private client solutions through our licensed subsidiaries and affiliates. Our expertise is matched by our commitment to each client's goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space.
NFP has more than 4,700 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 named the 2nd largest retirement plan aggregator firm, as ranked by Investment News; the 5th largest US-based privately owned broker, the 5th best place to work in insurance and the 6th largest benefits broker by global revenue by Business Insurance; the 9th largest property and 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 broker of US business by Business Insurance; and the 12th largest global insurance broker by Best's Review.
For more information, visit NFP.com.
Hot Paper Lantern for NFP