Michael A. De Feo
NIF Pro, a division of NIF Group
Specialty: Financial lines, management and professional liability
Michael De Feo’s interest was piqued when he was first introduced to directors & officers’ liability insurance, and he managed to secure a position on NIF Pro, the professional lines team at NIF Group. In an arena that presents unique challenges, De Feo often faces complex situations and is regularly exposed to a variety of areas outside of insurance, including law and finance.
“To effectively broker their risk, we really need to understand how businesses are structured, managed and how they make their money,” he says. “Elements of corporate finance and corporate law impact exposures and insurance coverages; we get a peek inside litigation, mergers and acquisitions, capital raising, bankruptcies, IPOs, startups, and other material events. Of course, as a wholesale broker, I particularly love partnering with a producing brokerage to help them beat out a much larger firm and win the business.”
