A group of investors that own Affinity Worldwide and National Real Estate Insurance Group (NREIG) and led by Tim Norris, has purchased First Consulting and Administration Inc., a Kansas City-based insurance compliance service company.
Established in 1969, First Consulting and Administration previously was owned and managed by Francine Fetyko. The purchase was finalized in May. The terms were not disclosed.
First Consulting and Administration provides compliance services including drafting, filing, licensing, and other operational compliance consulting to life/health and property/casualty insurance firms.
The acquisition brings stability and will lead to continual improvement and an increased range of services for First Consulting clients. The management team will position the company to garner the benefits of Affinity Worldwide resources where possible.
First Consulting and Administration will retain its current name and location in Kansas City.
Affinity Worldwide is a family of companies spanning a broad spectrum of industries, with a concentration on real estate.
Source: Affinity Worldwide
Topics Mergers & Acquisitions
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