NFP

NFP Corp. is an insurance broker, consultant, and wealth management company headquartered in New York, New York. Founded in 1998, the company operates primarily in two segments: Insurance Brokerage and Consulting, and Advisor Services. The Insurance Brokerage and Consulting segment provides a wide range of solutions, including corporate benefits, retirement plans, property and casualty insurance, and individual insurance products. Meanwhile, the Advisor Services segment offers independent broker/dealer and registered investment advisory services tailored for independent financial advisors. NFP focuses on serving middle-market companies, high-net-worth individuals, and financial advisors, leveraging its expertise, innovative technologies, and strong relationships with insurers and vendors to deliver customized services. The firm is also involved in venture capital through NFP Ventures, which invests in early-stage companies across various sectors, including fintech and insurtech.

Joe Carpenter

President of Executive Benefits

Shawn Ellis

EVP and MD

Michael Goldman

Executive Vice President and COO

Marc Lajoie

Senior Vice President, Group Benefits - NFP Canada

Dan Salomon

Senior Vice President, M&A Integration

Past deals in Life Insurance

Ascend

Series A in 2022
Ascend is a modern, all-in-one payments solution purpose-built for insurance. We automate insurance payments end-to-end — from online customer payments including premium financing to the distribution of commissions and carrier payables. We help digital distributors sell more insurance by simplifying operations, reducing payment friction and delivering the modern checkout experience customers expect.

TrustLayer

Series A in 2021
TrustLayer is an insurtech solutions company that automates insurance verification with machine learning & AI and provides real-time updates on the R3 Corda distributed ledger ecosystem. TrustLayer helps companies eliminate error-prone, manual processes and streamline existing workflows to increase insurance compliance and decrease organizational risk. Customers in multiple billion dollar industries such as construction and property management rely on TrustLayer for its ease of use, tracking and verifying certificates of insurance & other business documents, increased vendor compliance, and the ability to utilize their platform for multiple use cases.

Honeycomb

Series A in 2021
Honeycomb, formerly known as Agilius, specializes in providing real estate insurance services, particularly focusing on condominium and apartment building master policies. Established in 2019 and headquartered in San Francisco, California, the company allows users to obtain insurance quotes online in under three minutes, offering significant cost savings of up to 40%. Honeycomb aims to simplify and enhance transparency in the real estate insurance sector, catering to homeowners associations, property managers, developers, and building owners. Their platform provides instant quotes, online policy management tools, and a hassle-free experience, positioning Honeycomb as a distinctive player in the market.

TrustLayer

Seed Round in 2021
TrustLayer is an insurtech solutions company that automates insurance verification with machine learning & AI and provides real-time updates on the R3 Corda distributed ledger ecosystem. TrustLayer helps companies eliminate error-prone, manual processes and streamline existing workflows to increase insurance compliance and decrease organizational risk. Customers in multiple billion dollar industries such as construction and property management rely on TrustLayer for its ease of use, tracking and verifying certificates of insurance & other business documents, increased vendor compliance, and the ability to utilize their platform for multiple use cases.

Ogilvy Insurance

Acquisition in 2020
Ogilvy Insurance Inc. is a multidisciplinary insurance brokerage firm based in Westmount, Canada, with additional offices in Toronto and Oakville. Established in 1924, the company offers a range of services including commercial and personal lines property and casualty insurance, group benefits and pensions, as well as life insurance and investment solutions. As of November 2020, Ogilvy Insurance operates as a subsidiary of NFP Corp. The firm focuses on providing clients with comprehensive insurance information and advice to facilitate informed decision-making.

Insurance Specialty Group

Acquisition in 2020
Insurance Specialty Group, LLC is a managing general agency and underwriting firm based in Atlanta, Georgia, established in 1998. The company specializes in providing a range of insurance brokerage services and products tailored for both residential and commercial contractors. Its offerings include general liability, products liability, professional lines, management liability, property, transportation, workers compensation, and builders risk insurance. By simplifying the insurance process, Insurance Specialty Group enables builders to operate more safely and confidently without the complexities of managing multiple insurance components. As of October 2020, it functions as a subsidiary of NFP Corp.
McKinley & DiMarco Insurance Services Inc. is an insurance brokerage firm based in Austin, Texas, specializing in property and casualty insurance as well as group benefits. Established in 2010, the company provides a wide range of insurance solutions tailored for both personal and business needs. As of July 2020, McKinley & DiMarco operates as a subsidiary of NFP Corp, enhancing its capacity to deliver comprehensive insurance offerings to its clients.

Ernest R Shaw

Acquisition in 2020
Ernest R Shaw Limited provides financial advisory services for companies and individuals. It offers advice on restructuring existing arrangements, personal financial planning, protection investment pensions and savings arrangements, wealth development and in inheritance, capital gains, and income tax planning. The company also handles various employee benefit packages, including pensions, risk benefits, sick pay, private health care, and employee voluntary schemes. In addition, it provides pre-retirement counseling services. The company was founded in 1964 and is based in London, United Kingdom. As of September 1, 2020, Ernest R Shaw Limited operates as a subsidiary of NFP Corp.

NFP Ireland (Formally HMP)

Acquisition in 2020
HMP Insurance & Pension Advisors provides employee benefits, pension and group risk advice to corporate and individual clients.

EFG&M

Acquisition in 2020
EFG&M Management, LLC is an employee benefits broker located in the Austin Metroplex, specializing in providing services to employers in central Texas. The company, based in Austin, Texas, operates as a subsidiary of NFP Corp as of July 1, 2020. EFG&M focuses on delivering tailored employee benefits solutions to meet the needs of its clients in the region.

Rose & Kiernan

Acquisition in 2020
Rose & Kiernan, Inc. is a general insurance agency based in East Greenbush, New York, established in 1869. The company offers a comprehensive range of insurance products, including property casualty, surety, and specialized insurance solutions. It also provides personal insurance options such as automobile, property, and flood insurance. In addition to these services, Rose & Kiernan delivers employee benefits solutions, encompassing group benefits and individual insurance, along with administration services. Their clientele includes businesses, individuals, and various public and private organizations, primarily serving New York and Connecticut, with additional reach into New England and international markets. The agency emphasizes risk management, offering services designed to help clients understand and mitigate potential risks. As of August 2020, Rose & Kiernan operates as a subsidiary of NFP Corp.

Santa Maria & Company

Acquisition in 2020
Santa Maria & Company is an insurance brokerage and risk management consultancy based in Walnut Creek, California. Founded in 2000, the company specializes in providing a range of services, including claims consulting, general and professional liability, property insurance, and safety and loss control. With a focus on property and casualty brokerage, Santa Maria & Company supports clients across Northern California, assisting them in protecting their assets and employees. As of August 2020, the company operates as a subsidiary of NFP Corp.

Team Scotti

Acquisition in 2020
Team Scotti is a national insurance broker offering unique insurance solutions and employee benefit programs to Major League Baseball (MLB) and Minor League Baseball (MiLB) and their affiliates.

Progressive Benefits Agency

Acquisition in 2020
Progressive Benefits Agency, Inc. operates as a benefits brokerage company, specializes in benefits solutions for small group and middle markets clients. Progressive Benefits Agency, Inc. was formerly known as Progressive Benefits, Inc. The company was incorporated in 1994 and is based in Solon, Ohio. As of December 11, 2019, Progressive Benefits Agency, Inc. operates as a subsidiary of NFP Corp.

Koty-Leavitt Insurance Agency

Acquisition in 2020
Koty-Leavitt Insurance Agency operates as a P&C broker. Koty-Leavitt specializes in offering tailored insurance solutions to medical device distributors.

Relay Platform

Seed Round in 2020
Relay Platform Inc. is a Toronto-based company that offers an innovative Software-as-a-Service solution designed to streamline the reinsurance process for ceding teams, insurance underwriters, and brokers. Founded in 2019, Relay enhances the management and placement of reinsurance by providing a collaborative platform that integrates various data sources, including emails and legacy systems, into a single interface. This platform allows users to gain comprehensive visibility and control over their reinsurance needs, facilitating both facultative and treaty placements. Relay's focus on user experience ensures that teams can efficiently navigate the complexities of reinsurance, enabling them to work more effectively and achieve better outcomes. The company is actively collaborating with carriers, reinsurers, and brokers to optimize live placements and has garnered support from notable strategic partners in the insurance industry.

Convr

Series B in 2019
Convr, headquartered in Schaumburg, Illinois, is a leading underwriting decisioning platform for commercial property and casualty insurers, having been founded in 2016. The company has transformed the commercial underwriting process through advanced artificial intelligence and decision science. Its platform enables commercial carriers to make real-time underwriting decisions by leveraging comprehensive data and precise intelligence sourced externally. This innovative approach enhances productivity, profitability, efficiency, and accuracy for insurers of all sizes, positioning Convr as a key player in the commercial underwriting space.

Transit Insurance Services

Acquisition in 2019
Transit Insurance Services, Inc. operates as a property and casualty insurance broker. The company was founded in 1982 and is based in Ontario, California. As of August 1, 2019, Transit Insurance Services, Inc. operates as a subsidiary of NFP Corp.
Independent Bankers Insurance Services, Inc., based in Tempe, Arizona, specializes in providing management liability coverage tailored for community banks. As a subsidiary of NFP Corp since June 1, 2019, the company is recognized as an industry expert in this niche market. Their offerings include Directors and Officers (D&O) coverage, bond insurance, property insurance, and insurance review services, along with broker assistance to ensure comprehensive risk management solutions for their clients.

McLean Hallmark Insurance

Acquisition in 2019
McLean Hallmark Insurance Group Ltd. is an insurance brokerage and advisory firm based in Toronto, Canada, with a history dating back to 1975. The company provides a diverse range of insurance services, including business, personal, group home, and auto insurance, as well as specialized coverage for trucking, car dealerships, and marine cargo. Additionally, it offers surety bonding, professional liability, and high net worth private client insurance. McLean Hallmark also delivers risk management services such as disaster planning, loss control, and claims management, along with alternative risk financing and contract analysis. The firm focuses on sectors like moving and storage, supply chain management, and transportation, helping clients mitigate financial risks associated with physical goods, supply chain failures, and various operational hazards. McLean Hallmark Insurance Group Ltd. operates as a subsidiary of NFP Corp. since 2019.

Outdoor Insurance Group

Acquisition in 2019
Outdoor Insurance Group, Inc. is an insurance broker based in Louisville, Colorado, specializing in providing tailored insurance coverage for outdoor recreational businesses. Its services cater to a diverse range of clients, including campgrounds, consulting foresters, RV parks, hunt clubs, and destination resorts. The company focuses on offering specialized insurance products that address the unique needs of professionals in the outdoor recreational industry. As a subsidiary of NFP Corp, Outdoor Insurance Group ensures that its clients receive comprehensive protection, including coverage for hunting, firearms instructors, outfitters, and commercial properties.

GCG Risk Management

Acquisition in 2019
GCG Risk Management, Inc., based in New York, specializes in providing workers’ compensation management services for employers. The company offers expertise in various areas, including Workers’ Compensation Insurance, claims management, legal aspects, and workplace health and safety. This comprehensive approach allows GCG Risk Management to serve as a valuable resource for clients navigating the complexities of workers' compensation coverage. As of May 2019, GCG Risk Management operates as a subsidiary of NFP Corp.
Excel Bonds & Insurance Services, Inc. is a commercial insurance and surety bond brokerage firm based in Sacramento, California. Established in 1995, the company serves a diverse range of clients, including middle-market and large-scale enterprises in various sectors such as waste management, construction, real estate, and manufacturing across the United States and Canada. As of June 2019, Excel Bonds & Insurance Services operates as a subsidiary of NFP Corp. The firm is known for its expertise in providing tailored insurance solutions and surety bonds to meet the specific needs of its clients.

Indio Technologies

Series B in 2019
Indio Technologies simplifies the insurance application process for brokers and clients. It makes insurance fast, easy, and E&O free, saving agency time and money. The white-labeled platform comes pre-loaded with a library of 5,000+ digitally enhanced smart insurance forms and applications, a full e-signature solution, and secures document sharing. To date, brokers, big and small, use Indio to service more than 300,000 business clients. The company focuses on leveraging an intelligent software to transform workflows into delightful experiences for customers. It helps win more business and spend less time on redundant operational tasks. Indio Technologies was founded on 2016 and is based in San Francisco, California.

BD Capital Partners

Acquisition in 2019
BD Capital Partners LLC, established in 2012 and based in Dayton, Ohio, operates as an insurance broker specializing in property and casualty solutions. The company serves clients throughout the Midwest and focuses on providing independent insurance agency services. As of December 2018, BD Capital Partners is a subsidiary of NFP Corp.

Convr

Convertible Note in 2018
Convr, headquartered in Schaumburg, Illinois, is a leading underwriting decisioning platform for commercial property and casualty insurers, having been founded in 2016. The company has transformed the commercial underwriting process through advanced artificial intelligence and decision science. Its platform enables commercial carriers to make real-time underwriting decisions by leveraging comprehensive data and precise intelligence sourced externally. This innovative approach enhances productivity, profitability, efficiency, and accuracy for insurers of all sizes, positioning Convr as a key player in the commercial underwriting space.

Tomorrow Ideas

Convertible Note in 2018
Tomorrow Ideas, Inc. specializes in developing an application aimed at safeguarding families' financial futures. The app offers a range of features, including tools for creating a last will and testament, establishing a revocable living trust, and setting up guardianship for children and pets. Additionally, it includes calculators for net worth and life insurance, a comparison of term life insurance options, and provides a complimentary insurance policy. The application is accessible on both iOS and Android platforms. Founded in 2015 and headquartered in Seattle, Washington, Tomorrow Ideas is committed to helping families navigate important financial decisions.

Aquesta Insurance Services

Acquisition in 2018
As of June 29, 2018, Aquesta Insurance Services, Inc. was acquired by NFP Corp. Aquesta Insurance Services, Inc. provides insurance products. The company offers automobile, boat, homeowner, renter, and flood insurance products. Aquesta Insurance Services, Inc. was formerly known as Oswald, Trippe and Company of the Carolinas, Inc. and changed its name to Aquesta Insurance Services, Inc. in November 2009. The company was founded in 1982 and is headquartered in Cornelius, North Carolina.

BHJ Insurance

Acquisition in 2017
BHJ Insurance provides benefits solutions with an emphasis on small group employers and the individual health care market. It provide effective solutions to clients' risk management and insurance needs; specializing in business, personal and group benefits insurance.

McCullough Insurance Agency

Acquisition in 2017
McCullough Insurance Agency Inc. operates as an insurance agency in Arizona. The company offers personal insurance products, such as personal auto, homeowners, boat/water craft, classic automobile, manufactured/mobile homes, motor cycle, recreational vehicles, and umbrella insurance policies; and business insurance products, which include general liability, business auto, property, inland marine, and workers compensation insurance. It also provides claims assistance. The company was founded in 1919 and is based in Flagstaff, Arizona. As of May 8, 2017, McCullough Insurance Agency Inc. operates as a subsidiary of NFP Corp.

Hole-in-One U.S.A.

Acquisition in 2017
Hole-in-One U.S.A. specializes in providing hole-in-one insurance for golf tournaments across the United States. Founded in 1991 and based in Reno, Nevada, the company offers additional services that include sponsor signs, tee signs, and coverage for various contests and shootouts associated with golf events. As of March 2017, Hole-in-One U.S.A. operates as a subsidiary of NFP Corp. Its focus on premier golf events positions it as a key player in the niche market of tournament insurance and related services.

AAG Insurance

Acquisition in 2017
AAG is a full-service P&C insurance broker and offers expertise in personal and commercial P&C insurance. It offers insurance protection from many of the top-rated insurance companies.
The Thomas Insurance Agency of Benton, Inc. is an insurance agency based in Benton, Arkansas, established in 1960. The agency specializes in providing a range of insurance services tailored to meet the needs of individuals, families, and businesses throughout Arkansas. Its offerings include commercial insurance, home and auto insurance, as well as group health and life insurance. As of February 1, 2017, the agency operates as a subsidiary of NFP Corp.

McLaughlin & Smoak

Acquisition in 2017
McLaughlin & Smoak LLC, founded in 2005 and based in Mount Pleasant, South Carolina, is a full-service employee benefits broker. The company specializes in designing and implementing customized benefits strategies for large employers. Its offerings include a range of employee benefits brokerage services, wellness programs, and HR consulting, aimed at meeting the diverse needs of individuals, families, and organizations in healthcare and compliance. As of 2017, McLaughlin & Smoak operates as a subsidiary of NFP Corp, while maintaining its status as an independently owned and operated agency.

Mattecheck & Associates

Acquisition in 2017
Mattecheck & Associates was started in 1985 as a Group Insurance Office specializing in providing the best possible plans for our clients given their situation. Since then Mattecheck & Associates has evolved into a full service employee benefits firm with a wide range of products and services to assist our clients. It is the mission of Mattecheck & Associates to always listen first to our clients’ needs and then develop the best plan to meet their goals. We provide a high level of service on a personal level and also provide the tools to assist our clients in their day to day activities within their respective organizations. These services and tools also extend directly to the employees themselves so that in today’s environment of “Privacy” there is always a way for them to have a confidential discussion with one of our service representatives.
Hayward Tilton & Rolapp Insurance Associates, Inc. is a prominent insurance brokerage firm that specializes in commercial property and casualty insurance, as well as employee benefits. Established in 1923, the firm has built a strong reputation for fostering valued relationships based on integrity, trust, and personalized service. With an extensive understanding of clients' risk management needs, Hayward Tilton & Rolapp positions itself as an integral part of clients' management teams, aiding in the expediting of claims, asset preservation, and expense reduction. The company has developed long-standing relationships with over 100 insurance providers, allowing it to offer customized and cost-effective coverage solutions. With a client base exceeding 2,000 nationally and internationally, Hayward Tilton & Rolapp is recognized as one of the top insurance brokers in the United States, emphasizing professionalism and proactive risk management to ensure client satisfaction and retention.

Serra & DelVecchio

Acquisition in 2017
Serra & DelVecchio offers a suite of P&C and benefits insurance products and services and specializes in designing comprehensive solutions for midsized businesses and individuals. The firm has offices in Shelton and Middletown, CT. Serra principal Justin DelVecchio will assume the role of Managing Director at NFP Property & Casualty, reporting to Michael Walsh, Managing Director at NFP Property & Casualty in the New England region.

SST Benefits

Acquisition in 2016
SST Benefits Consulting & Insurance Services, Inc. specializes in providing consulting services for retirement plans and post-employment health savings accounts, primarily to public sector entities. Established in 1982 and based in El Dorado Hills, California, the company offers expertise in deferred compensation, defined contribution plans, tax-sheltered accounts, and voluntary employee beneficiary associations. SST Benefits emphasizes a client-centered approach, ensuring that their services align with the unique goals and decision-making methods of their clients. The consulting team at SST is recognized for its extensive experience in the defined contribution and deferred compensation marketplace, allowing the firm to deliver customized solutions based on best practices and current market conditions. Additionally, SST Benefits maintains a strong commitment to transparency by severing ties with providers to avoid conflicts of interest, ensuring that their recommendations are impartial and focused on the best outcomes for plan participants. As of 2016, SST operates as a subsidiary of NFP Corp.

First West Brokerage Services, Inc. (First West)

Acquisition in 2016
First West is a full service benefits insurance broker and consultant specializing in group health plans with additional offerings in corporate retirement products, ancillary benefits and human resources solutions, as well as individual wealth management. The firm is based in Orem, UT, with a second office in Salt Lake City.

Linkfield Corporate Solutions

Acquisition in 2016
Linkfield Corporate Solutions Limited is an insurance broker based in Birmingham, United Kingdom, specializing in risk management and insurance products for commercial enterprises. Established in 2005, the company provides a comprehensive suite of insurance solutions, including business interruption risk management, commercial and industrial insurance, property and construction insurance, and liability coverages such as employers liability and professional indemnity insurance. Linkfield also offers specialized insurance for motor fleets, motor trades, and self-drive hire services. The firm caters to a diverse clientele, including large corporations and small to medium-sized businesses. As of 2016, Linkfield operates as a subsidiary of NFP Corp.

Group Force

Acquisition in 2016
En profitant de la force d’un agent général avec une présence nationale, vous ne pourrez que bénéficier des meilleurs avantages. L’équipe de Groupe Force Avantages Sociaux deviendra votre première ressource de soutien administratif stratégique et service à la clientèle en matière d’assurances collectives. N’hésitez pas à nous contacter pour toutes vos questions ou demandes relatives en assurance collective.

Vanorsdale Insurance Services

Acquisition in 2015
Vanorsdale Insurance Services, Inc. is an insurance agency and offers life and non-life insurance services. The company was founded in 1947 and is based in San Diego, California. As of December 11, 2015, Vanorsdale Insurance Services, Inc. operates as a subsidiary of NFP Property & Casualty Services, Inc.
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