NFP Acquires KGS Insurance Services
Strategic acquisition expands NFP’s benefits capabilities and growing presence in Northeast
New York — NFP, an insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, announced that it has acquired KGS Insurance Services.
The acquisition expands NFP’s benefits offerings in the Northeast, with a particularly robust presence in the Connecticut marketplace. KGS’ clients will benefit tremendously from NFP’s national resources and wide-ranging insurance expertise. The KGS acquisition comes on the heels of the Serra & DelVecchio agency acquisition in 2016 – designed to bolster benefits solutions for small to mid-size employers in the Connecticut area. Kelly Smith, a seasoned industry veteran and owner of KGS, will serve as a Vice President in NFP’s Middletown, Connecticut location offering services through NFP’s Corporate Services division. She will report to Justin DelVecchio, Managing Director, NFP.
The addition of KGS reinforces NFP’s commitment to building out a range of benefits options for the company’s existing client base and prospective clients, including group benefits, as well as individual solutions such as life insurance and long-term care in the Northeast.
“We are thrilled to welcome Kelly Smith to the NFP family,” said DelVecchio. “Kelly’s extensive knowledge in the corporate benefits space, paired with more than two decades of experience delivering stellar service to her clients, are a natural fit for NFP.”
“I am excited to join the wonderful and growing NFP family,” said Smith. “I have long admired how NFP does business – with a strong emphasis on personalized commitment to both its clients and employees. KGS clients will benefit in a variety of ways – through an expanded portfolio of products and capabilities, increased levels of service and the same unwavering commitment to customer relations. I look forward to helping to serve NFP’s clients and prospective clients for many years to come.”