Aon to acquire NFP in major brokerage merger
December 20, 2023 Philip PoradoAon expanded its worldwide property and casualty insurance market presence by today acquiring NFP — a leading middle market P&C broker, benefits consultant, wealth manager and retirement plan advisor. Aon will acquire NFP for an estimated $13.4 billion at closing.…
How NFP’s updating construction and infrastructure operations
September 7, 2023 Philip PoradoProperty and casualty broker NFP announced it will integrate its surety practice into its Construction & Infrastructure (C&I) group, which supports companies in the construction space. These changes impact operations worldwide, including Canada, NFP said. “Surety plays a vital role…
National Canadian brokerage reports 110% revenue increase
August 2, 2022 by Jason ContantNFP has grown dramatically in Canada over the last three years, with a 110% expansion in revenue, the large national brokerage reported late last month. “NFP in Canada is 20 times larger than it was five years ago,” Scott Saddington,…
Meet NFP’s new head of Canadian national broking
June 2, 2022 by Jason ContantEmily Horsman has joined NFP Corp., a large national brokerage, as head of Canadian national broking. The appointment is a result of NFP’s growing P&C business in Canada, the company announced Thursday. Horsman will lead efforts in building NFP’s national…
NFP’s new executive leadership team in Canada
May 20, 2022 by Jason ContantNFP Corp. has formed a new executive leadership team (ELT) in Canada. The property and casualty brokerage, which also provides benefits consulting, wealth management and retirement advice, assembled the leadership team as the company continues to grow and expand in…
NFP’s Canadian offices partner with U.K. insurtech Loadsure
November 22, 2021 Canadian Underwriter StaffBroker and consultant NFP’s Canadian-based offices formed an exclusive partnership with U.K.-based Loadsure to obtain instant- and on-demand cargo and shippers’ coverage to NFP’s Canadian logistics clients shipping cargo globally. The agreement includes inland transit. NFP has over 800 employees…
NFP acquires Western Canadian brokerage Foster Park
November 9, 2021 by Greg MeckbachEdmonton-based Foster Park Brokers Inc. has been acquired by New York City-based NFP Corp., the property and casualty insurance brokerages announced Tuesday. Foster Park places surety bonds, as well as P&C coverage for a variety of industries including oil and…
NFP partnership aims to support aerospace clients in Canada
July 28, 2021 by Jason ContantLarge brokerage NFP Corp. has joined forces with Piiq Risk Partners to form an exclusive Canadian partnership. With a strategic focus on the aerospace and aviation industries, the collaboration will provide solutions and services to the Canadian operations of global…
Big Moves: The P&C industry’s recent executive shuffles
May 17, 2021 by Jason ContantIntact Financial Corporation, Trisura Guarantee Insurance Company, and brokerages NFP and Westland Insurance Group all announced changes at the senior executive level over the past week. Patrick Barbeau, Intact Patrick Barbeau will become Intact Financial Corporation’s executive vice president and…
NFP in Canada welcomes new president
March 1, 2021 by Jason ContantJohn Haas is the new president of the brokerage NFP in Canada. He will oversee all strategic and operational aspects of NFP’s business in Canada, collaborating closely with the current leadership team. He will lead the expansion of NFP’s footprint…
The latest in brokerage deal-making
January 20, 2021 by Jason ContantBrokerage NFP has expanded its property and casualty brokerage presence in Ontario with the acquisition of EdgeHill Insurance Brokers Ltd. The deal is the latest mergers and acquisitions news in the Canadian P&C space. Also in the news, Canadian Broker…
Movers and shakers: Who’s moved where to start the year
January 13, 2021 by Adam MalikA new year brings new faces in new positions and the P&C insurance industry was no exception. NFP formed a new group with two veteran leaders, while Allianz Global Corporate & Specialty and Chubb Canada made new appointments. Brokerage NFP…