NFP Acquires Specialty Insurance Consultants, LLC
Acquisition strengthens NFP's P&C footprint in the West and increases capabilities in the hospitality and outdoor recreation industries
NEW YORK – September 25, 2018 – NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, today announced that it has acquired the assets of Specialty Insurance Consultants, LLC. The transaction closed effective August 1, 2018.
Located in Seattle, Washington, Specialty Insurance Consultants is a P&C broker specializing in the hospitality and outdoor recreation industries for clients throughout the country. The acquisition expands NFP’s retail P&C capabilities in the West.
"We are excited to have Specialty Insurance Consultants join our NFP family," said John Hohman, President of the West Region of NFP. "This acquisition underscores our dedication to making impactful investments in our P&C services and solidifies our growing expansion in the Western region, especially within Washington."
"Joining NFP will allow Specialty Insurance Consultants to tap into a range of resources and expanded services for our existing clients and new prospects," said Heather Gillingham, the founder of Specialty Insurance Consultants. "We look forward to working with NFP's broad network and expanding NFP's retail P&C offerings."
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 4,300 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 U.S.-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 & 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 U.S. business by Business Insurance; and the 12th largest global insurance broker by Best's Review.
For more information, visit NFP.com.
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