NEW YORK — NFP, a leading insurance broker and consultant providing employee benefits, property and casualty (P&C), retirement, and individual solutions, today announced the acquisition of Santa Maria & Company (SM&C) in a transaction that closed effective August 1, 2020.
SM&C, a P&C broker located in Walnut Creek, California, supports clients across Northern California, providing sophisticated P&C capabilities, including risk management consulting and commercial insurance solutions. Craig Santa Maria, a principal and cofounder of the firm, will join NFP as a senior vice president and report to Doug Turk, regional managing director of NFP’s West region.
“We’re excited to welcome the Santa Maria team to the NFP family,” said Turk. “This acquisition is another example of NFP’s focus on adding successful leaders, specialized capabilities and deep relationships in the P&C space that elevate the value we deliver to clients. We look forward to the contributions Craig and his experienced team will make to NFP’s growth in the Bay Area.”
“NFP’s focus on growth and dedication to putting people first aligns well with our values,” said Craig Santa Maria. “With access to NFP’s resources and specialized expertise, we enhance our ability to meet the dynamic needs of our clients.”