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NFP Launches Human Capital Solutions Practice

Alignment of existing capabilities with recent acquisitions of human resources practices will deliver comprehensive solutions that help clients address their most significant workforce challenges
 

January 5, 2023

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NEW YORK – January 5, 2023 – NFP, a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor, has announced the formation of its Human Capital Solutions practice. In forming the practice, NFP is bringing together its diverse capabilities in the US and expanding its portfolio of HR services and products across North America, Europe and beyond.

Over the past few years, NFP has executed a strategy to enhance its ability to help employers solve their biggest people challenges. The company has achieved this by acquiring six firms with various HR specialties, adding exceptional talent, and cultivating beneficial resources and partnerships that complement existing resources. The subsequent integration of people, firms and technology has streamlined how NFP builds customized human capital solutions for its clients and elevates the value employers and employees receive from NFP.

“NFP has offered HR-related consulting services to our clients on a limited basis for a number of years,” said Kim Bell, executive vice president, head of Health and Benefits, NFP. “But now more than ever, during the most challenging employment landscape our clients have ever faced, we realize the importance of providing comprehensive HR solutions to clients. We have designed the practice to do one thing: bring the best-of-the-best in human capital management together under one umbrella to deliver a suite of solutions that drive HR and business performance.”

The company also announced it has promoted Maria Trapenasso to serve as national practice leader, Human Capital Solutions. Trapenasso, an HR industry veteran who has been with NFP for over a decade, will lead efforts to combine NFP’s expertise, experience and capabilities in the human capital space and present a comprehensive offering to clients.

“People are the determining factor in the success of an organization, and employees today want more than traditional benefits offerings from employers,” said Trapenasso. “They want to work for an employer whose values and purpose align with their own, and expect highly personalized benefits, fair and competitive pay, flexibility and work-life integration, a culture of belonging, and a career they can grow in. We’re focused on helping employers get this right so they can enhance their competitiveness, elevate success and sustain growth.”

About NFP

NFP is a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor that provides solutions enabling client success through the expertise of over 7,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. NFP is the 9th best place to work for large employers in insurance, 7th largest privately owned broker, 5th largest benefits broker by global revenue and 13th largest broker of US business (all rankings according to Business Insurance).