Insurance broker and consultant NFP acquired Michigan-based property/casualty insurance broker Colburn Risk Holdings LLC (ColburnColburn) in a transaction that closed Dec. 31, 2020.
ColburnColburn, with offices in Bloomfield Hills and Detroit, Michigan, provides commercial insurance, risk management, personal insurance and claims advocacy to businesses across Michigan and throughout US. With over 70 years of combined experience, ColburnColburn expands NFP’s presence in the region and enhances existing capabilities. The firm’s expertise includes risk management, complex commercial real estate risks, mergers and acquisitions, and private client/high net worth personal lines solutions.
David Colburn and Robert Colburn, principals of the firm, will join NFP as managing directors and report to Dan Cornwell, a managing director in NFP’s Central region based in Michigan.
Headquartered in New York City, NFP provides specialized property/casualty, corporate benefits, retirement and individual products and services through its licensed subsidiaries and affiliates.
Source: NFP
Topics Mergers & Acquisitions Michigan
Was this article valuable?
Here are more articles you may enjoy.
State Farm to Increase Claims Workforce by 3,000 
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years 
Full Senate Passes Measure to Reauthorize Federal Terrorism Insurance Backstop 
Cornell Backs Probe Into Fraternity Sexual Assault Allegations 
