National Financial Partners, Nemco Brokerage Acquire Group Business

June 4, 2001

National Financial Partners Corp. and New York City-based Nemco Brokerage, Inc. (Nemco), a group benefits brokerage and insurance firm, announced their joint acquisition of the group insurance business formerly owned by a joint venture between BISYS Insurance Services Inc. and AXA Network LLC.

Operating as a subsidiary of Nemco, the acquired business will be known as Dascit/White & Winston Inc., maintaining offices in New York and Harrisburg.

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