New York-based insurance broker and consultant, NFP, has acquired City Securities Insurance LLC in Indianapolis.
The transaction closed on Dec. 30, 2016.
City Securities Insurance is a full service property/casualty and benefits insurance consultant with a special focus on the commercial P/C needs of its clients. The firm also offers additional expertise in personal lines P/C insurance.
City Securities President John Dillon will join NFP as a managing director and report to Terry Scali, chief executive officer of NFP’s P/&C division.
Source: NFP Corp.
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 

