The acquisition dynamic continues and complements the existing know-how of NFP in wealthy private clients
NEW YORK, Jan 14, 2021 / CNW / – NFP, a leading insurance broker and consultant providing employee benefits, property and casualty (P&C), retirement and custom solutions, today announced the acquisition of EdgeHill Insurance Brokers Ltd (EdgeHill) in a transaction that closed on December 16, 2020.
EdgeHill, a Toronto, Ontario-based P&C brokerage firm specializes in private clients for high net worth clients, including home, auto, marine and personal liability insurance, as well as commercial insurance and risk management services for a variety of industries. The EdgeHill acquisition offers NFP the opportunity to expand its expertise for wealthy clients in Canada and to add additional service functions to its specialty transportation and trucking businesses. Patti Hull and Ross Schofield, managing directors of the company, will join NFP as vice president and consultant respectively. Hull reports to Brian Timmis, executive director of NFP in Canada’s Private Client Group.
« We are excited to expand the talent and relationships of the EdgeHill team, » said Greg Padovani, president of NFP Canada. « With this acquisition, we are expanding our connection to the Ontario market and positioning ourselves to create new opportunities and add value to our customers. Across the company, we are expanding our offerings and improving our capabilities in markets across Canada. »
« Patti is a well-respected consumer insurance executive in the greater Toronto area, » said Timmis. « Your expertise will complement our existing capabilities and drive growth in an important area of our business. As we continue to expand across Canada, we look forward to continuing to welcome local talent with the ability to provide the solutions our customers need. »
« NFP is focused on growing and delivering more value to more customers, with an emphasis on building and maintaining relationships, » said Hull. « I am thrilled to join NFP and contribute to their success in the Canadian market while maintaining a personal connection with my clients with a new level of resources and expertise to support their needs. »
NFP is a leading insurance broker and consultant that offers specialized business and personal insurance, group benefits, retirement provision and individual solutions through its licensed subsidiaries and affiliates. NFP enables customer success through the expertise of over 750 employees in Canada, more than 5,800 employees worldwide, investments in innovative technologies and lasting relationships with highly rated insurers, providers and financial institutions. NFP is the 5th largest performance intermediary by global revenue (corporate insurance), the 10th largest property and casualty insurance (Insurance Journal) and the 12th largest global insurance intermediary (Best’s Review).
Visit NFP.com/Canada to find out how NFP enables customers to achieve their goals.
For more information: Heather Vale, [email protected], https://nfp.com/