NFP Strengthens its P&C Specialty Business with a Distinct Focus on Private Equity - Insurance News | InsuranceNewsNet

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May 17, 2022 Newswires
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NFP Strengthens its P&C Specialty Business with a Distinct Focus on Private Equity

PR Web

NEW YORK (PRWEB) May 17, 2022

NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced the company has added a stable of complex risk services for private equity firms and their portfolio companies. Brian Flanagan, managing director, who joined NFP as part of the company's 2021 acquisition of Thompson Flanagan, will lead the Private Equity Group.

"Over the past three years, NFP has built an impressive team in the M&A and private equity space that delivers the specialized expertise companies need to manage complex risks and keep deals on track in a dynamic market environment," said Ed O'Malley, EVP, Head of Insurance Brokerage and Consulting for NFP. "With the ongoing integration of the Thompson Flanagan team, and through Brian's leadership, we're poised to advance our position as a go-to resource in the private equity space."

Since acquiring Thompson Flanagan, NFP has integrated their leadership and capabilities into its existing team of experts. This collaboration has broadened NFP's capabilities in the private equity space by adding seasoned professionals who offer the full gamut of M&A services for private equity firms and their portfolio companies, including comprehensive benefits due diligence, as clients navigate complex risks, pursue new opportunities and require specialized P&C and benefits offerings. Agency founders Doug Thompson and Larkin Flanagan will continue to be instrumental in providing advice and counsel to NFP's burgeoning list of national clients.

"The collaboration between the Thompson Flanagan team and our existing group of experts is driving momentum for this important component of our Specialty business," said Doug Turk, managing director, Specialty for NFP. "The team's experts are among the best in the business and have a deep understanding of the risks that come with complex private equity transactions, as well as the solutions required to address them."

Brian Flanagan heads a team of seasoned experts that includes the following:

  • Curtis Young, Leader, Reps and Warranties
  • Andrew Pendergast, Managing Director, SPAC and GPL Practice Leader
  • Frank Zimmer, Leader, Property and Casualty Operations
  • Vipul Kumar SVP, Reps and Warranties
  • Michael Sharkey VP, Reps and Warranties

"I'm excited to lead the Private Equity Group and elevate NFP's position as an ideal partner for firms active in the space," said Brian Flanagan. "There are so many strong relationships across the organization, and we have the insight, capabilities and solutions to deliver exceptional value and impact in every aspect of their business, including the transactions that drive their 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 6,900 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).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

Read the full story at https://www.prweb.com/releases/nfp_strengthens_its_p_c_specialty_business_with_a_distinct_focus_on_private_equity/prweb18678526.htm


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