NFP

NFP Corp. is a prominent insurance broker and consultant based in New York, specializing in a comprehensive range of services that include corporate benefits, retirement planning, property and casualty insurance, and individual insurance solutions. Established in 1998, the company operates through two main segments: Insurance Brokerage and Consulting, which caters to corporate clients with tailored insurance solutions, and Advisor Services, which supports independent financial advisors with broker/dealer and registered investment advisory services. NFP Corp. focuses on serving middle-market companies, financial advisors, and high-net-worth individuals, leveraging its expertise and innovative technologies to foster strong relationships with insurers and financial institutions. The company was previously known as National Financial Partners Corp. and rebranded to NFP Corp. in March 2015.

Joe Carpenter

President of Executive Benefits

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 Risk Management

Southern Insurance Agency

Acquisition in 2024
Southern Insurance Agency provides a range of insurance services primarily focused on the Gulf South Region. The agency specializes in coverage for various sectors, including auto, home, commercial property, and crime, as well as cyber liability and flood insurance. It caters to middle-market companies, offering tailored solutions for businesses such as high-rise buildings, hotels, boutique hotels, condo associations, manufacturers, restaurants, taverns, and clubs. Southern Insurance Agency aims to address the unique challenges faced by these clients by providing comprehensive commercial property and casualty insurance, including general liability and business auto coverage.

David A. Marcus and Associates

Acquisition in 2023
David A. Marcus and Associates is a financial planning firm that focuses on providing tailored solutions for individuals and business owners. The company offers a diverse array of services, including estate planning, retirement planning, and wealth transfer strategies. Additionally, it provides disability income insurance and individualized insurance audits, ensuring that clients have comprehensive coverage that meets their specific needs. By addressing both personal and corporate financial requirements, David A. Marcus and Associates aims to assist clients in navigating changing economic conditions effectively.

Axio

Series B in 2022
Axio is a leading provider of SaaS-based cyber management software, primarily focused on helping organizations understand and manage their cybersecurity risks. Its flagship platform, Axio360, facilitates collaboration among security leaders, business executives, and board members by providing a unified view of critical corporate risks in financial terms. Since its inception in 2016, Axio has partnered with numerous prominent companies across sectors such as critical infrastructure, energy, manufacturing, and financial services. The software enables organizations to optimize their cyber resilience, quantify exposure, analyze insurance options, and evaluate cybersecurity programs, ultimately supporting informed decision-making regarding cybersecurity priorities and investments.

ReSure Corporate Brokers

Acquisition in 2022
ReSure Corporate Brokers is a specialist commercial insurance broker based in Malahide, Ireland. The company focuses on providing corporate general insurance and related services, with expertise in sectors such as Restructuring, Recycling, Real Estate, Construction, Domiciliary Homecare, and Financial Lines. By targeting these specific niches, ReSure has successfully exceeded its growth objectives. The firm offers a range of insurance products, including property insurance and waste management and recycling insurance, along with advisory services aimed at helping clients navigate potential future uncertainties.

Foster Park Brokers

Acquisition in 2021
Foster Park Brokers is an insurance brokerage firm located in Western Canada that provides a range of services designed to assist clients in managing risk and protecting their assets. The company specializes in commercial and individual property and casualty insurance, as well as life and group benefits. In addition to underwriting services, Foster Park Brokers offers risk management solutions, private client services, and bonding and surety programs. Their comprehensive approach enables clients to minimize risks and enhance their business growth.

TrustLayer

Series A in 2021
TrustLayer is an insurtech solutions company that focuses on automating insurance verification through the use of machine learning and artificial intelligence. Its collaborative risk management platform aims to reduce friction between businesses by streamlining the verification and tracking of insurance certificates, licenses, and other compliance documents. By employing robotic process automation tools, TrustLayer helps organizations eliminate manual, error-prone workflows, increasing insurance compliance and reducing organizational risk. The company serves clients across multiple billion-dollar industries, including construction and property management, who value the platform's ease of use and its ability to enhance vendor compliance while supporting various use cases.

TrustLayer

Seed Round in 2021
TrustLayer is an insurtech solutions company that focuses on automating insurance verification through the use of machine learning and artificial intelligence. Its collaborative risk management platform aims to reduce friction between businesses by streamlining the verification and tracking of insurance certificates, licenses, and other compliance documents. By employing robotic process automation tools, TrustLayer helps organizations eliminate manual, error-prone workflows, increasing insurance compliance and reducing organizational risk. The company serves clients across multiple billion-dollar industries, including construction and property management, who value the platform's ease of use and its ability to enhance vendor compliance while supporting various use cases.

ColburnColburn

Acquisition in 2020
ColburnColburn is a privately owned, Independent Insurance & Risk Services Firm with locations in Bloomfield Hills, Michigan; Detroit, Michigan, and Cincinnati, Ohio. The firm is widely recognized in both the business and insurance communities as a proven provider of an exceptionally broad range of insurance and risk management consultancy services. ColburnColburn offer an environment strong on solution-focused teamwork, with direct access to forward-thinking leaders. The relationships we seek are long-term and are achieved by a company-wide commitment to empowering clients to make the most cost-effective decisions.

Ernest R. Shaw

Acquisition in 2020
Ernest R Shaw Limited is a financial advisory and insurance brokerage firm based in London, United Kingdom. Founded in 1964, the company provides a range of financial advisory services to both individuals and businesses, including personal financial planning, tax planning, and advice on restructuring financial arrangements. In addition to these services, Ernest R Shaw specializes in employee benefit packages, which encompass pensions, risk benefits, sick pay, private health care, and voluntary schemes. The firm also offers pre-retirement counseling to assist clients in preparing for their future. As an independent broker, it caters to both the commercial and private sectors, providing property and casualty insurance, commercial combined business insurance, computer insurance, and cyber liability insurance. As of September 1, 2020, Ernest R Shaw operates as a subsidiary of NFP Corp.

Rose & Kiernan

Acquisition in 2020
Rose & Kiernan, Inc. is a general insurance agency headquartered in East Greenbush, New York, with additional offices across New York, Connecticut, and Rhode Island. Founded in 1869, the company offers a comprehensive range of insurance products, including property casualty, surety, and specialized insurance solutions, as well as personal insurance such as automobile, property, and flood coverage. In addition to insurance, Rose & Kiernan provides employee benefits solutions, risk management services, and administration services tailored to the needs of businesses, individuals, and public and private organizations. The firm's offerings aim to help clients effectively anticipate, understand, and manage risk within their operations.

Santa Maria & Company

Acquisition in 2020
Santa Maria & Company is a risk management consultancy and commercial insurance broker.

Axio

Series A in 2020
Axio is a leading provider of SaaS-based cyber management software, primarily focused on helping organizations understand and manage their cybersecurity risks. Its flagship platform, Axio360, facilitates collaboration among security leaders, business executives, and board members by providing a unified view of critical corporate risks in financial terms. Since its inception in 2016, Axio has partnered with numerous prominent companies across sectors such as critical infrastructure, energy, manufacturing, and financial services. The software enables organizations to optimize their cyber resilience, quantify exposure, analyze insurance options, and evaluate cybersecurity programs, ultimately supporting informed decision-making regarding cybersecurity priorities and investments.

Convr

Series B in 2019
Convr Inc. operates a data science platform specifically designed for commercial insurance underwriters, facilitating a more efficient and effective underwriting process. Founded in 2015 and based in Schaumburg, Illinois, Convr enables insurers to digitally transform their operations through its comprehensive suite of tools. The platform includes features such as a data ingestion engine that organizes information from various sources, a universal data catalog for identifying relevant data, and robust data management and security systems. Convr's solutions support all core commercial lines of business and are accessible via an intuitive user interface or API connectors. Key functionalities include digitizing submission paperwork, providing insights on risks from extensive data sources, and utilizing AI to streamline underwriting inquiries. These capabilities allow commercial insurers to enhance operational efficiency, improve risk assessment, and deliver superior customer experiences, ultimately positioning them as leaders in the market. Convr serves a diverse range of clients, including many top carriers in the industry.

The DeChristopher Group

Acquisition in 2019
The DeChristopher Group, based in Vienna, Virginia, operates as a strategic employee benefits broker and consulting firm, primarily serving small and mid-market employers. The firm specializes in providing comprehensive benefits packages, including employee benefits strategy, design and implementation, risk management, and cost control. Additionally, DeChristopher Group offers employee benefits administration technology solutions and regulatory compliance advisory services. Their consulting expertise extends to a wide range of human resource services, which can be tailored for one-time projects or ongoing support. Since November 2019, the DeChristopher Group has been a subsidiary of NFP Corp.

McLean Hallmark Insurance Group

Acquisition in 2019
McLean Hallmark Insurance Group Ltd. is an insurance brokerage and advisory firm based in Toronto, Canada, specializing in a wide array of insurance solutions. Founded in 1975 and formerly known as Moore-McLean Insurance Group Ltd., the company provides services in business, personal, group home and auto insurance, as well as surety bonding, marine cargo, and professional liability insurance. It also focuses on unique property and casualty solutions tailored to sectors such as trucking, car dealerships, and moving and storage. In addition to traditional insurance offerings, McLean Hallmark provides alternative risk financing, contract analysis, disaster planning, loss control, and risk management services. The firm assists clients with cash flow solutions for financing insurance contract expenses and offers comprehensive claims management services. As of July 2019, McLean Hallmark operates as a subsidiary of NFP Corp.

GCG Risk Management

Acquisition in 2019
GCG Risk Management specializes in workers’ compensation management services for employers. Our expertise in Workers’ Compensation Insurance, Claims, Law, and Workplace Health & Safety combine to offer the client a unique resource for dealing with the myriad of issues which encompass this workers’ compensation coverage.

Cambridge Consulting Group

Acquisition in 2018
Cambridge is a full-service benefits brokerage and wealth strategies firm that provides customized solutions to a range of corporate and individual clients.

Tomorrow Ideas

Convertible Note in 2018
Tomorrow Ideas develops an application that helps in protecting family’s financial future. Its application includes last will and testament for the family and the laws of the state, a revocable living trust, guardianship for children and pets, net worth and life insurance calculator, term life insurance comparison, and a complimentary insurance policy. Tomorrow Ideas' application can be downloaded from iOS and Android. David Hanley, Erik Berg, Joshua Heckathorn, and Wayne Rambo founded it in 2015, with its headquarters in Seattle in Washington.

Axio

Series A in 2018
Axio is a leading provider of SaaS-based cyber management software, primarily focused on helping organizations understand and manage their cybersecurity risks. Its flagship platform, Axio360, facilitates collaboration among security leaders, business executives, and board members by providing a unified view of critical corporate risks in financial terms. Since its inception in 2016, Axio has partnered with numerous prominent companies across sectors such as critical infrastructure, energy, manufacturing, and financial services. The software enables organizations to optimize their cyber resilience, quantify exposure, analyze insurance options, and evaluate cybersecurity programs, ultimately supporting informed decision-making regarding cybersecurity priorities and investments.

McCullough Insurance Agency

Acquisition in 2017
McCullough Insurance Agency Inc., founded in 1919 and based in Flagstaff, Arizona, operates as a comprehensive insurance agency offering a wide range of personal and business insurance products. Personal insurance options include auto, homeowners, boat, classic automobile, manufactured/mobile homes, motorcycles, recreational vehicles, and umbrella policies. For businesses, the agency provides general liability, business auto, property, inland marine, and workers' compensation insurance. McCullough Insurance Agency is committed to delivering expert insurance advice and competitive coverage tailored to the needs of its clients, ensuring efficient claims assistance to facilitate quick recovery from losses. As of May 2017, the agency is a subsidiary of NFP Corp.

Hayward Tilton & Rolapp Insurance Associates

Acquisition in 2017
Hayward Tilton & Rolapp Insurance Associates, Inc. is a prominent insurance broker specializing in commercial property and casualty insurance, as well as employee benefits. Established in 1923, the firm has built a reputation for fostering valued relationships based on integrity, trust, and personalized service. By analyzing clients' unique needs, Hayward Tilton & Rolapp customizes cost-effective coverage and acts as an extension of clients' management teams, aiding in claims processing, asset preservation, and expense reduction. With a diverse portfolio and strong partnerships with over 100 insurance companies, the firm serves a wide range of industries, including manufacturing and automotive. Its commitment to exceptional client service and proactive risk management strategies has resulted in a high client retention rate and numerous referrals, solidifying its position among the top insurance brokers in the United States.

SST Benefits

Acquisition in 2016
SST prides itself on the vast experience of our consulting team. Our strategy is to attract team members who possess extensive experience in the defined contribution/deferred compensation marketplace. There are few individuals in the industry who possess this broad combination of experience and specialized skill sets. OUR PHILOSOPHY • UNDERSTANDING – SST begins new client relationships with a complete understanding of your history, your decision making methods and your goals. • EDUCATION – We provide timely and comprehensive education to the decision makers and plan participants. • SERVICE – We hold Vendors accountable for promises and commitments through contracted performance standards that contain monetary penalties. • PROCESS – We are not predisposed to a specific outcome. Rather, we allow the best interests of our clients to provide direction. • BEST PRACTICES – We offer guidance and solutions based on best practices and current market conditions and identifiable future regulatory and market changes. • FIDUCIARY RESPONSIBILITIES – We identify the employer’s fiduciary responsibilities and provide the direction to best meet them. • PARTICIPANT BENEFIT – We believe that the key to all Plan decisions is ultimately what is in the best interest of the participants. TRANSPARENCY To ensure complete objectivity, SST severed all contractual relationships with the provider community many years ago. Additionally, SST employees do not accept any revenue, gifts, trip awards or entertainment invitations from any providers. This transparency allows us to fully explore the market on behalf of our clients with any provider we believe can offer the most appropriate solution and to make recommendations with complete impartiality. We take a client centered approach to consulting, acting in the best interest of our clients to deliver measurable outcomes.
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