NFP Acquires Presidio Financial Services Corporation, Expands Its Specialized Medical Malpractice Insurance Expertise
Acquisition strengthens NFP's P&C presence in the Western US
LOS ANGELES, June 28, 2023 /PRNewswire-PRWeb/ -- NFP, a leading property and casualty broker (P&C), benefits consultant, wealth manager and retirement plan advisor, today announced it has acquired Presidio Financial Services Corporation (Presidio). Based in Westlake Village, California, Presidio is an independent insurance brokerage that provides an extensive range of products and solutions tailored specifically for physicians, doctors, healthcare facilities and healthcare professionals. The acquisition closed on April 7.
Gisela Plazas, Presidio's founder and CEO, will be joining NFP and working with Scott Foster, NFP's Healthcare & Life Sciences Specialty practice leader. "We're very excited to welcome Gisela to NFP," said Foster. "She is a strong producer with an extensive network of relationships, and we look forward to introducing NFP's breadth of solutions to her current and future clients."
Founded in 2002, Presidio's specialized insurance offerings include healthcare professional liability, business office coverage, errors and omissions, workers' compensation, commercial general liability, directors and officers, cyber liability, employment practices liability, and umbrella coverage.
"Adding Presidio is a great strategic move for our growing P&C presence in the Western US," added Mike Schneider, president of NFP's West region. "Gisela's specialized expertise in medical malpractice will complement our existing capabilities and create new opportunities to deliver value to clients."
"I'm thrilled to join NFP and begin contributing to the success of a growing, people-first organization," said Plazas. "This is a great opportunity for me to integrate my medical malpractice knowledge across the organization and introduce additional solutions to our clients."
About NFP
NFP is a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor that provides solutions enabling client success through the expertise of over 7,400 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 9th best place to work for large employers in insurance, 7th largest privately-owned broker, 5th largest benefits broker by global revenue and 13th largest broker of US business (all rankings according to Business Insurance).
Visit NFP.com to discover how NFP empowers clients to meet their goals.
Media Contact
Josh Wozman, NFP, 415-381-6441, [email protected]
SOURCE NFP
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