NFP Acquires Assets of SDN Insurance Agency from Financial Institutions, Inc.

NFP Acquires Southern Insurance Agency LLC

July 23, 2024

Insurance

NFP, an Aon company, has acquired Southern Insurance Agency LLC (SIA), a New Orleans-based commercial property and casualty broker. Founder Louis Faust will join NFP as a senior vice president, and the deal expands NFP’s commercial P&C capabilities and presence in the New Orleans area and across Louisiana.

NFP Acquires Diversified Brokerage Services (DBS)

April 10, 2023

Insurance

NFP has acquired Diversified Brokerage Services, Inc. (DBS), a Minneapolis-based life insurance brokerage and one of the largest BGAs in the United States. The acquisition expands NFP's life insurance distribution capabilities and adds DBS's enterprise relationships with broker-dealers, wirehouses and RIAs; DBS principals George 'Chip' Van Dusen IV and Tori Van Dusen-Roos will join NFP.

NFP Acquires Olson & Olson Insurance Services, Inc.

November 29, 2022

Insurance

NFP has acquired Olson & Olson Insurance Services, Inc., adding the Denver-area insurance brokerage's commercial P&C, surety and group benefits capabilities to NFP's West region. The Olsen team — including leaders Darrell Olson II and Lance Olson — will join NFP to expand the firm's construction-specialty commercial property & casualty offering across Colorado and the broader West region.

Aon to Acquire NFP

December 20, 2023

Insurance

Aon plc agreed to acquire NFP, a leading middle-market insurance broker and benefits/wealth advisor, from funds affiliated with Madison Dearborn Partners and HPS Investment Partners for an estimated $13.4 billion. The deal will be funded with $7.0 billion in cash and $6.4 billion of Aon stock, with NFP operating as an independent but connected platform under Doug Hammond and expected to close subject to regulatory approvals in mid-2024.

NFP Acquires Fallon Benefits Group, Inc.

August 16, 2021

Insurance

NFP, a leading insurance broker and consultant, acquired Fallon Benefits Group, an Atlanta-based employee benefits brokerage and consulting firm; the transaction closed July 23, 2021. The acquisition strengthens NFP's benefits capabilities and expands its middle-market expertise in the Southeast, with Fallon leadership remaining engaged post-close.

NFP Acquires Rose & Kiernan, Inc.

August 1, 2020

Insurance

NFP, a leading insurance broker and consultant, acquired Rose & Kiernan, Inc., a multidisciplinary insurance broker based in Albany, New York, in a transaction effective August 1, 2020. The acquisition expands NFP’s property & casualty and middle market capabilities in New York and New England while Rose & Kiernan’s leadership will continue to run local operations reporting into NFP’s Northeast region.