NFP Establishes Group Captive Practice Through Acquisition of Trinity Risk Advisors
"We're excited to formally establish a group captive solution that helps small and mid-size clients retain certain risks at lower costs," said McSherry. "Alan's technical expertise and leadership in managing all aspects of the group captive model will enable clients to unlock its benefits and position themselves for long-term financial strength and stability."
NFP's Group Captive practice will serve companies seeking greater control and efficiency over their P&C risks and related costs by pooling resources with other like-minded businesses. The practice will help clients evaluate eligibility and the potential financial case for group captive participation, identify the most appropriate program in the market, coordinate placement and onboarding, and support the transition into the captive.
The P&C Group Captive practice complements NFP's Risk and Insurance Strategy Collective (RISC), the company's captive consulting and management practice. Based in
"I'm thrilled to help launch NFP's Group Captive practice and provide clients with a collaborative risk-sharing mechanism tailored to their risk management needs," said Wise. "The educational component is especially exciting. I'll be advising NFP producers on the most effective group captive structures available in the market, helping clients achieve greater cost efficiency, improved cash flow and more control of their insurance programs."
About NFP
NFP, an Aon company, helps companies and individuals address today's most significant Risk Capital and Human Capital challenges.
With colleagues across the
For more information, visit nfp.com.
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SOURCE NFP Corp.
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