Texas-based risk management, executive compensation and benefits and corporate governance firm, NIP Inc., has acquired Retirement Capital Group (RCG), an executive compensation and benefit plan provider headquartered in San Diego, Calif. RCG, founded in 2002 by William MacDonald, has additional offices in Los Angeles, Milwaukee, Boston, Chicago and Atlanta.
RCG will operate as an additional business unit of NIP. The company will retain its brand, business model and strategic distribution relationships. Bill MacDonald will continue in his position as CEO.
NIP, with offices in Houston, Austin, Dallas and San Antonio, specializes in board of director/trustee protection, directors’ and officers’ liability insurance, property and casualty insurance, risk management, executive compensation consulting and executive and employee benefits.
Source: NIP, www.nationalinsurancepartners.com
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability 
Chubb Q3 Net Income Down Slightly on More Catastrophe Losses 
