NFP has announced the acquisition of Flynn Benefits Group, a Michigan-based insurance and financial services company.
Specializing in serving the medical profession, Flynn offers a range of products and services including executive benefits and group and individual health benefits. The acquisition was finalized on Aug. 1.
Operating from Troy, Mich., Flynn primarily caters to physicians and medical centers. The company is known for its expertise in executive benefits solutions and traditional insurance offerings such as disability insurance, voluntary benefits, ancillary benefits, individual and group life, and long-term care.
Mike Flynn and Pat Flynn, the founders of Flynn Benefits Group, will now join NFP, reporting to Dan Cornwell, managing director for NFP in Michigan. Cornwell expressed enthusiasm about the integration of the Flynn team into NFP, noting the potential for expanding NFP’s benefits presence in the Detroit metro area and throughout Michigan.
“This acquisition is a great strategic move for NFP. The Flynn team has an excellent reputation in the greater Detroit area, especially in the medical profession. We will gain from their relationships and expertise, they will benefit from access to a new level of resources and support, and their clients will draw on an expanded portfolio of solutions,” said Michael Schneider, NFP Central and West regions president.
"We’re thrilled to join NFP, an organization with exceptional employee and executive benefits teams. This is a terrific opportunity for us to collaborate with the NFP team and share expertise while exploring ways to bring additional value to clients,” Mike and Pat Flynn said in a joint statement.
In other recent developments, the P&C broker also announced the appointment of Tyler James as North American construction property broking leader.
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