NFP

NFP operates as a prominent advisory firm, offering a diversified suite of services across property and casualty insurance, benefits consulting, wealth management, and retirement plan administration. The company caters to a broad clientele, including corporations, high-net-worth individuals, and emerging enterprises, by providing tailored solutions to complex risk, wealth, and benefits challenges.

Founded in 1998, NFP has pursued an aggressive growth strategy, significantly driven by acquisitions. This approach has expanded its geographic footprint and deepened its expertise across various specialty areas. A pivotal moment in its history occurred in April 2024, when Aon, a global professional services firm, completed its acquisition of NFP for a transaction value of approximately $13 billion. This acquisition positions NFP to leverage Aon's extensive global resources and analytical capabilities, aiming to enhance client value, particularly in the middle-market segment.

The company's business model is centered on providing expert advice and brokerage services. Revenue is generated through commissions and fees from insurance placements, as well as fees for consulting, wealth management, and administrative services. NFP distinguishes itself by fostering a client-centric and entrepreneurial culture, empowering its teams to deliver specialized expertise and customized service. The firm's product offerings encompass a wide array of insurance products, from commercial property and liability to employee health and wellness programs, alongside sophisticated wealth and retirement planning services.

Keywords: property and casualty insurance, benefits consulting, wealth management, retirement advisory, insurance brokerage, risk management, financial advisory, corporate benefits, middle-market, professional services