NFP
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Based in Birmingham, Alabama, the executive will report to NFP management, cyber and professional liability managing director Matthew Schott. -
Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
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The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
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The broker appointed Marc Tauber to lead FIG’s broking and advisory team, Patrick O’Neill to head large accounts and Justin Corey to oversee business development.
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The group will provide clients with construction and surety services designed for complex national and cross-border projects.
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The moves are expected to enable NFP to form and administer Alberta-domiciled captive insurance companies for their clients.
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Debenport joins the energy practice within NFP's specialty business.
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Based in Toronto, the executive will report to Guy Jolicoeur, NFP Canada technical risk construction surety natural resources managing director.
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A tougher environment for debt financing and a potential recession will reverse some of the remarkable tailwinds of recent years.
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The industry veteran, who joins the broker from Markel Canada, will focus on the firm’s mid-market business.
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Based in Chicago, the executive will report to NFP’s cyber senior vice president Rick Cavaliere.
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The executive joined the company last September after the acquisition of Thompson Flanagan, where he was a partner for over 17 years.
