NEW YORK, July 24, 2018 /PRNewswire-PRWeb/ -- NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, today announced that it has acquired the assets of Low & Johnson, Inc. The transaction closed effective May 1, 2018.
Located in Phoenix, Arizona, Low & Johnson is a P&C broker with a focus on commercial clients throughout the state. The acquisition expands NFP's commercial P&C services in the Southwest.
"We're excited to have Low & Johnson join our NFP family," said Ed Kurowski, regional president, Commercial Insurance, Mountain States region at NFP. "This deal underscores our dedication to making timely and impactful investments in our P&C product offering and capabilities throughout the Southwest region. It also solidifies our growing commercial lines services in the area, especially within Arizona."
"Joining NFP will allow Low & Johnson to provide a wider range of resources and expanded services to our existing clients and new prospects," the Low & Johnson team said in a statement. "We look forward to integrating into NFP's broad network and helping to expand NFP's P&C offerings in the area."
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 4,300 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 4th largest U.S.-based privately owned broker, the 5th largest benefits broker by global revenue and the 5th best place to work in insurance by Business Insurance, the 9th largest property & casualty agency by total 2016 P&C revenue and the 9th largest commercial lines agency by total 2016 P&C and commercial lines revenue by Insurance Journal, the 10th largest employee benefits broker by Employee Benefit Adviser, the 11th largest global insurance broker by Best's Review and the 12th largest broker of U.S. business by Business Insurance.
For more information, visit NFP.com.
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SOURCE NFP Corp.