NFP announced on Feb. 25 that several of its Canadian insurance brokerages are adopting the NFP business name.
NFP is a New York-based insurance brokerage has made a number of acquisitions as it pursues its expansion in the Canadian market.
"We are thrilled to come together under the NFP brand and unify our operations in Canada," said Greg Padovani, president, NFP in Canada. "The integration of these well-established firms creates a platform for NFP that has the size, scale, and capabilities to provide a full range of insurance solutions to Canadian corporations and individuals that differentiates us in the dynamic P&C, group benefits, group retirement, private client, and personal and commercial insurance markets."
Brokerages affected include Capital Benefit Financial Group, Corporate Benefits Analysts Insurance Agency, Consortia Group, PBL Insurance Limited, Dalton Timmis Insurance Group, Mass Insurance Brokers Limited, McLean Hallmark Insurance Group Ltd., Elective Benefits Services, and Indemnis Trade Risk Management Limited who will be adopting the NFP name in each of the provinces and territories where permitted by law.
"The ongoing integration of our acquisitions is a powerful step in presenting a united front to the marketplace while highlighting our commitment to the Canadian market," said Doug Hammond, chairman and CEO, NFP Corp. "NFP first entered the Canadian market in 2008. Today, NFP in Canada is 750 employees strong with more growth to come. I couldn't be more excited about what we've achieved and the potential for more in the years ahead."
