NFP Acquires The Thomas Insurance Agency of Benton, Inc.
Acquisition to expand NFP’s property & casualty services in the Southern Midwest
NEW YORK — NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, announced today it has acquired The Thomas Insurance Agency of Benton, Inc. The transaction closed effective February 1, 2017.
Based in Benton, AR, Thomas Insurance Agency is a P&C insurance broker that provides commercial and personal insurance. Principals of the firm James Thomas and Paul Childress will continue in their current roles and become directors within NFP’s P&C division.
“James and Paul have a superior track record in providing P&C services to their valued clients. We are excited to welcome them to the NFP family, drawing on their years of experience and dedication to building lasting relationships in the previously underserved Southern Midwest market,” said Terry Scali, CEO of NFP’s P&C division. “The addition of the Thomas Insurance Agency team complements our objective to expand into Arkansas and further strengthens our unparalleled management team.”
Paul Childress said, “We are confident that our offerings in the P&C market will amplify through NFP’s wide range of client offerings. We look forward to leveraging the national capabilities that will be extended to our longstanding clients.”