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.
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Georgia Teacher Killed When Toilet Paper Prank by Students Goes Wrong 
Insurify’s Founders Discuss Evolution of Insurance Shopping With AI 
3 Big Questions Facing FEMA With Kristi Noem Out 
