New York, NY (PRWEB) June 05, 2017
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 Kempkey Insurance Services, Inc. (KIS). The transaction closed on April 7, 2017.
Based in Napa, California, KIS is a commercial lines insurance broker specializing in the wine and hospitality industries. Ed Kempkey III, principal of the firm, will join as director of NFP P&C and report to Paul Saich, regional president of NFP P&C.
“We’re thrilled to welcome Ed, a veteran expert broker in the wine industry, to the NFP family,” said Terry Scali, CEO of NFP P&C. “This acquisition represents an opportunity for us to strategically build our footprint in retail in the Napa Valley area and opens up additional offerings to our clients nationally.”
Kempkey commented, “We look forward to leveraging NFP’s extensive industry network to provide our wine and hospitality services to clients nationwide.”
At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client's goals. We’re a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement and individual private client solutions through our licensed subsidiaries and affiliates.
NFP has more than 3,400 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We’ve become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.
Recently NFP was ranked the 2nd fastest-growing US large-group employee benefits broker by Employee Benefit Adviser. In addition, Business Insurance ranked us as the 5th largest global benefits broker by revenue, the 4th largest US-based privately owned broker and the 11th largest broker of US business. PlanSponsor ranked us the 5th largest executive benefits provider of nonqualified deferred compensation by number of plans, and we were ranked 11th in personal lines P&C revenue by Insurance Journal.
For more information, visit NFP.com.