NIP Expands with Acquisition of San Diego Executive Benefits Firm

November 25, 2009

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

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