Insurance Business America, a Minneapolis-based company, is acquired by NFP
Life and Health
NFP acquires a Minneapolis company
The incoming company talks about" ambitious goals."
Life & amp Health
By.
Ryan Smith
24 April 2023
Have.
NFP, a property-casualty broker, has announced that it has purchased Diversified Brokerage Services( DBS ) in Minneapolis. On April 10, the merger came to an end.
According to the company, the agreement strengthens NFP's's life insurance division and gives it the ability to sustain bigger financial institutions. George Chip Van Dusen IV, president and CEO of DBS, as well as Tori Van - Roos, COO, may meet NFP as part of the transaction. They will answer to Mike James, NFP's's executive vice president and chief business agent.
James declared," I'm'm thrilled to welcome Chip, Tori, and their company to NFP." They are business leaders in providing financial officials with business connections with significant financial institutions, and they will make excellent companions for our producers and advisor. With DBS on board, we may offer our current retail and wholesale life insurance companies a better, more distinctive service. I'm'm excited about DBS's's contributions to our expansion, culture, and clientele.
One of the biggest career comprehensive trading general agencies in the country is DBS. Through business relationships with major financial institutions, the organization supports financial counselors across the US. According to NFP, it furthermore supports personal associations through a systematic design.
We are delighted to meet NFP, a large company in the life insurance industry that shares our commitment to neighborhood, growth, and people, according to Van Dusen - Roos. NFP is the perfect partner to assist us in achieving our very optimistic development goals thanks to their dedication and information. It's's exciting to see so many chances to work together and add value and knowledge to our current distribution partners as well as the people we get to know.
The most recent merger for NFP is DBS. The business purchased Illinois-based David A. Marcus & amp Associates last month. Michael MacCrory was recently named senior vice president of the company's's energy and marine practice.
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