US Deals: NFP Buys Lyons Insurance Agency

The latest from NFP in the US market;

NFP, an Aon company (NYSE: AON) and leading property and casualty (P&C) broker, benefits consultant, wealth manager and retirement plan advisor, has announced its acquisition of Lyons Insurance Agency, Inc. (Lyons), a multidisciplinary insurance broker located in Wilmington, Delaware. David Lyons and Tim Lyons, vice presidents of Lyons, will join NFP as senior vice presidents and report to Meg McSherry, managing director of P&C in NFP’s Atlantic region.

“I’m thrilled to welcome David, Tim and the Lyons team to NFP,” said Ethan Foxman, president of NFP’s Atlantic region. “They’ve built a strong commercial P&C, employee benefits and private client services business and earned a reputation for excellent service in a key growth area for our region. With the addition of their local market expertise and network relationships in Delaware, we look forward to growing our presence in the state.”

Founded over four decades ago by David F. Lyons, Sr., Lyons provides middle-market businesses with commercial P&C, personal lines and employee benefits solutions. Their accessibility and adaptability to market shifts have made them a preferred choice of leading businesses across a variety of industries.

“NFP provides a variety of exciting opportunities for our team and clients,” said David and Tim Lyons in a joint statement. “As a firm dedicated to helping middle-market operations manage their business and personal risk, we are proud to join NFP, collaborate with leaders who share our perspectives, and take the value we deliver to clients to the next level.”

 

About alastair walker 19320 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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