NEW YORK (PRWEB)
November 13, 2017
NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, today announced that it has acquired EverGuard Insurance Services, Inc. The transaction closed effective October 1, 2017.
Based in Seattle, Washington, EverGuard is a specialty Program Administrator (PA) focused on providing commercial P&C products to restaurants, bars and taverns. The company operates an exclusive national program that utilizes a distribution channel of over 500 retail brokers and provides commercial insurance solutions to end clients across 35 states. Principals of the firm Tom Gillingham and John Mahoney will join NFP as managing directors of its P&C division and will report to Executive Vice President and CEO of NFP P&C, Terry Scali.
“We’re thrilled to welcome Tom, John and the entire EverGuard staff to the NFP team,” said Scali. “The acquisition of EverGuard further expands and diversifies NFP P&C’s capabilities, as well as adds two talented program managers with extensive specialty experience to the NFP P&C team.”
Tom Gillingham said, “We are thrilled to bring our underwriting capabilities to NFP’s growing specialty business, where we’ll be able to continue serving our existing brokers and provide NFP’s clients and brokers extensive offerings for the hospitality industry.”
At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client’s goals. We’re a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement and individual private client solutions through our licensed subsidiaries and affiliates.
NFP has more than 3,800 employees and global capabilities….