NFP in Canada and Aviation Broker Piiq Risk Form Exclusive Partnership

July 28, 2021

NFP, a New York-based insurance broker and consultant, announced the formation of an exclusive strategic partnership in Canada with aviation re/insurance broker Piiq Risk Partners.

The NFP Complex Risk Solutions Group will provide domestic account servicing in Canada to Piiq’s roster of major clients. The collaboration brings to clients a specialized understanding of the global aviation and aerospace industry, access to emerging innovative solutions, customized analytics and a differentiated level of domestic and international service, said NFP in a statement.

“Clients in the global aviation and aerospace sectors need the local support of a team of specialists who are constantly creating new solutions for rapidly changing needs,” said Evan Garner, managing director of the NFP Complex Risk Solutions Group in Canada.

“Piiq provides NFP in Canada a strategic entre into the global aviation and aerospace markets with specific clients and NFP’s Complex Risk Solutions Group provides Piiq with an on-the-ground exclusive presence in Canada,” said John Haas, president, NFP Canada.

London-based Piiq is led by Philip Smaje and Marcel Chad, two of the world’s leading authorities on risk assessment and solutions to the aviation industry.

“We’re excited to establish this exclusive partnership with NFP in Canada,” said Neil Maynard, senior partner, Piiq Risk Partners. “Together we can offer global clients operating in Canada the capabilities and expertise of two experienced and client-centric teams that are both driven to challenge the status quo. This alliance expands upon a shared vision to bring insight and innovation to the rapidly evolving aerospace sector around the globe.”

With more than 800 employees in Canada, NFP Complex Risk Solutions Group provides bespoke strategic expertise to large corporate clients across a range of industries. NFP employs more than 6,000 people globally.

Piiq Risk Partners is a global aerospace re/insurance brokerage, with offices in London and the U.S. Piiq is currently part of the insurance operations of BGC Partners and is set to join the Ardonagh Group as part of its acquisition announced in May 2021. The Ardonagh Group is the UK’s largest independent broking group and a top 20 broker globally.

Source: NFP Corp.

Topics Mergers & Acquisitions Agencies Aviation Canada

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