Insurance broker and consultant NFP has announced that it has acquired certain assets of New York state based Dignum & Bame Insurance Agency (D&B). The transaction closed on Dec. 31.

Founded in 1900 and based in East Greenbush, N.Y., D&B is a third-generation property-casualty insurance broker that specializes in serving school districts and municipalities. Robert Dignum, president of D&B, will join NFP as a vice president. He will report to John Murray, managing director in NFP’s Northeast region.

“I’m excited to welcome D&B to NFP,” Murray said. “We’re adding depth to our Northeast operation, enhancing our P&C presence in the area and adding a leader in Bob Dignum, who is highly respected in the municipal sector in New York.”

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“We can’t wait to join NFP, work with John and the team, and introduce the vast NFP resources to our clients,” Dignum said. “NFP gives us access to an array of expertise, solutions and services that will benefit our clients and enhance their ability to mitigate risks and achieve better outcomes.”