NFP names new managing director, SVP

NFP names new managing director, SVP | Insurance Business

NFP names new managing director, SVP

Insurance broker and consultant NFP has announced the appointments of Matthew Schott as managing director and Kevin Smith as senior vice president.

Schott joins the company with more than 25 years of experience in the management and professional liability coverage lines. He specializes in the design, placement, consulting and servicing of directors and officers liability, employment practices liability, fiduciary liability and crime insurance programs for private and publicly traded companies. Schott will co-lead NFP’s management and professional liability business with Tom Sheffield, managing director for management and professional lines. Both will report to Doug Turk, managing director for industry practices.

Smith, meanwhile, has more than 13 years of industry experience in D&O, employment practices, fiduciary, crime, cyber and professional liability.

“We’re thrilled to welcome Matt and Kevin to NFP,” Sheffield said. “Companies of all sizes and across industries face a variety of management and professional liability issues that demand specialized expertise. Matt and I share a vision for growing the business and delivering more value to clients through the perspective of industry experts who understand the nuances of the risks and solutions for various industries. From D&O to cyber, we’re well-positioned to support clients as they manage complex risks.”

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“NFP’s commitment to building out a differentiated specialty business to better serve clients creates an opportunity to grow an already excellent management and professional liability team,” Schott said. “I’m happy to join a team of experts focused on helping clients address their unique challenges with specialized solutions.”

“I’m excited to join NFP and help drive the momentum of the specialty business,” Smith said. “Now more than ever, clients need direct engagement with senior specialists to create better outcomes for their businesses. NFP is dedicated to delivering an exceptional client experience with tailored solutions for a variety of risks.”