NFP Acquires Aquesta Insurance Services, Inc.
Acquisition reinforces P&C capabilities and expands NFP’s footprint in the Southeast region
NEW YORK, NY — 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 Aquesta Insurance Services, Inc. The transaction closed on June 30, 2018.
Headquartered in North Carolina, Aquesta Insurance Services is a P&C broker with several locations across the Carolinas. The company offers insurance expertise to small and medium-sized commercial P&C clients, as well as coastal exposures and personal insurance. Aquesta Insurance President, Ken McGee, will join NFP as a director, reporting to Alan Wise, managing director in the P&C division at NFP.
“We’re excited to have Aquesta join our NFP family,” said Christi Byron, regional president of the Southeast region. “This strategic acquisition strengthens NFP’s commercial & personal lines client service model and expands our coastal risk expertise. It further underscores our growth agenda and diversifies our offerings to align with evolving client and prospect needs.”
“Joining NFP will enable us to provide a wider range of resources and expanded services to clients in the region,” said McGee. “This will allow all of our clients the ability to continue to work with their existing team while connecting our talent and capabilities to the broad network of resources at NFP.”