NFP Acquires Olson & Olson Insurance Services, Inc., Broadening Its Solutions in the Western US
DENVER (PRWEB) November 29, 2022
NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced it has acquired Olson & Olson Insurance Services, Inc. (Olson), expanding its commercial P&C capabilities in the Denver marketplace. Firm leaders Darrell Olson II and Lance Olson will join NFP and report to John Hohman, president, West region, NFP. The transaction closed in September.
"I'm thrilled to welcome Darrell, Lance and the Olson team to NFP," said Hohman. "This acquisition aligns with our strategy to expand our commercial property and casualty capabilities in our West region, particularly in the construction specialty space. They have great relationships across Colorado, and we see a tremendous opportunity to introduce them to clients throughout the region."
With offices in Greenwood Village and Loveland, Colorado, Olson is a multi-disciplinary insurance broker with capabilities in commercial and personal lines P&C, surety bonds, and group benefits, with a specialty focus in the construction industry. Olson has also established a partnership program with the Colorado Brewers Guild and is the exclusive broker offering various insurance solutions to member brewers.
"We are very excited to join NFP, work with John and the team, and be a part of NFP's growth as a preeminent firm serving the construction industry," said Darrell Olson II and Lance Olson in a joint statement. "In addition, NFP's people-first culture meshes perfectly with our mission to cultivate success by securing relevant relationships with our customers, carriers and employees."
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).
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