NFP Welcomes Management and Professional Liability Leaders Matthew Schott and Kevin Smith to P&C Team

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Strategic hires highlight NFP’s focus on growth across its specialty business

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“Companies of all sizes and across industries face a variety of management and professional liability issues that demand specialized expertise," said Sheffield.

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced that Matthew Schott and Kevin Smith have joined the company as managing director and senior vice president, respectively.

Schott joins NFP with more than 25 years of experience in the management and professional liability lines of coverage. Matt specializes in the design, placement, consulting and servicing of directors and officers (D&O) liability, employment practices liability (EPL), fiduciary liability and crime insurance programs for private and publicly-traded companies in multiple industries.

Smith brings over 13 years of industry experience in D&O, employment practices, fiduciary, crime, cyber and professional liability to NFP.

Schott and Tom Sheffield, managing director, Management and Professional Lines, will co-lead the Management and Professional Liability business for NFP. Both report to Doug Turk, managing director, Industry Practices.

“We’re thrilled to welcome Matt and Kevin to NFP,” said Sheffield. “Companies of all sizes and across industries face a variety of management and professional liability issues that demand specialized expertise. Matt and I share a vision for growing the business and delivering more value to clients through the perspective of industry experts who understand the nuances of the risks and solutions for various industries. From D&O to EPL to cyber, we’re well positioned to support clients as they manage complex risks.”

“NFP’s commitment to building out a differentiated Specialty business to better serve clients creates an opportunity to grow an already excellent Management and Professional Liability team,” said Schott. “I’m happy to join a team of experts focused on helping clients address their unique challenges with specialized solutions.”

“I’m excited to join NFP and help drive the momentum of the Specialty business,” said Smith. “Now more than ever, clients need direct engagement with senior specialists to create better outcomes for their businesses. NFP is dedicated to delivering an exceptional client experience with tailored solutions for a variety of risks.”    

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,800 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

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