NFP expands footprint in Northeast

NFP Corp. said Wednesday it has acquired the assets of Insurance Provider Group LLC.

Terms of the transaction, which closed Oct. 6, were not disclosed.

Connecticut-based IPG provides commercial brokerage services to small- to medium-sized businesses and also serves the nonprofit sector.

The deal expands NFP’s property/casualty presence in Connecticut and NFP’s Northeast region, the statement said.

IPG principals Augusto Russell, Pat Walsh and Kristin Guglielmo will join NFP, the statement said. IPG shows about 38 employees on LinkedIn.

New York-based NFP is the 13th-largest broker of U.S. business, according to the most recent Business Insurance rankings.