NFP acquires Canadian brokerage
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NFP Corp. said Tuesday it has acquired Foster Park Brokers Inc., a Canadian property/casualty, benefits, retirement and personal lines broker.
Foster Park has 135 employees, all of whom are joining NFP. Based in Edmonton, it also has offices in Calgary, and Grande Prairie, Alberta, and Langley, British Columbia, NFP said in a statement.
The Canadian broker serves various industries, including energy, construction, agriculture, manufacturing and transportation.
Foster Park President Mark Wiens will serve as managing director of commercial lines for NFP in Canada’s Western region and will report to John Haas, president of NFP in Canada.
NFP is the 13th-largest broker of U.S. business, according to Business Insurance’s latest ranking.
