NFP, an Aon company and property-casualty insurance brokerage, has launched a new captive management practice with the acquisition of Charlotte-based Trinity Risk Advisors.
NFP’s new Group Captive practice will help companies seeking more control over their risks by pooling resources with other businesses, NFP said in a statement. The plan is to help firms evaluate the benefits of a group captive plan and to identify the most appropriate program. The practice will complement NFP’s Risk and Insurance Strategy Collective, a captive consulting and management practice.
Alan Wise, president of Trinity Risk, will lead the new practice and will report to Meg McSherry, managing director of property-casualty for NFP’s Atlantic region, the company said. Wise sold his Trinity Consulting, a risk management and employee benefits firm, to NFP in 2015, before starting Trinity Risk.
NFP has offices in New York, Canada, England and Ireland.
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance Earnings Boosted by Global Data Center Demand 
Taylor Farms Recalls Salsa and Guacamole Over Salmonella Risk 
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat 
New AIG CEO Andersen Talks Marketplace ‘Pass-Throughs,’ Opportunity 
