AssuredPartners hires M&T exec as captive leader
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AssuredPartners Inc. said Tuesday it has hired former M&T Bank broking executive Nick Napolitano as captives practice leader.
Mr. Napolitano will create a captive vertical for the Lake Mary, Florida-based brokerage and will report to Ty Beba, chief revenue officer.
Mr. Napolitano, based in White Plains, New York, was previously national sales leader at M&T Insurance Agency Inc., part of M&T Bank Corp. Prior to that, he worked at Brown & Brown Inc., where he focused on captive business in the upper-middle market.
AssuredPartners recently announced plans to move its headquarters to downtown Orlando.
AssuredPartners is the 11th-largest broker of U.S. business, according to the most recent Business Insurance rankings.
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