The US-based insurance broker NFP continues its growth in Canada with its latest acquisition – EdgeHill Insurance Brokers in Toronto, ON.
EdgeHill specializes in personal lines for high-net-worth clients, including home, auto, watercraft and personal excess liability. The brokerage also offers commercial insurance and risk management services for a range of different industries.
According to a release, NFP’s acquisition of EdgeHill represents an opportunity for NFP to expand its expertise for high-net-worth clients in Canada, as well as incorporate additional service capabilities in its transportation and trucking specialty businesses.
As part of the transaction, EdgeHill principals Patti Hull and Ross Schofield will join NFP as vice president and consultant, respectively. Hull will report to NFP Canada’s private client group managing director Brian Timmis.
“We’re thrilled to add the talent and relationships of the EdgeHill team,” NFP Canada president Greg Padovani. “Through this acquisition, we extend our connection to the Ontario market, positioning ourselves to create new opportunities and deliver more value to clients.”
“NFP is focused on growth and delivering more value to more clients with an emphasis on building and maintaining relationships,” said Hull. “I’m excited to join NFP and contribute to their success in the Canadian market, while preserving a personal connection to my clients with a new level of resources and expertise to support their needs.”
Read more: NFP acquires Ogilvy Insurance
Earlier this year, NFP acquired Elective Benefit Services – a firm that specializes in group benefits and retirement planning in Waterloo, ON – and last month, NFP also acquired insurance broker Ogilvy Insurance in Montreal, QC, which offers commercial and personal lines P&C insurance as well as group benefits, pensions, life insurance, and investment products.