Insurance broker and consultant NFP has acqured 1st Community Insurance Services diversifying its P&C offerings and expanding footprint in the West region.
The transaction closed effective April 1, 2018.
Based in Palm Springs, California, 1st Community offers commercial and personal lines expertise to clients in the area, including the growing LGBT community.
Principals of the firm Ernie Santora, Dean Nickodemus and Ken Conrad will report to Roger Wilber, senior vice president of NFP for southern California, with Santora and Nickodemus holding vice president positions.
NFP California regional president Paul Saich said: "This is a thrilling time for NFP. We're excited to welcome Ernie, Dean, Ken and their team to our NFP family.
“This acquisition expands NFP P&C's presence in southern California, adds infrastructure to our growing Palm Springs operation, and diversifies NFP's broader employee and client base to include individuals and businesses with significant ties to the LGBT community."
Santora said: "We are proud of the high level of service we're able to provide to our clients, and now by joining with NFP we are even better positioned to meet our clients' needs.
"The extensive network of resources that NFP provides aligns with our core principles for valuing not only our clients, but the people in our community. This new chapter enables us to tap into NFP's offerings and expertise in the area and will allow us to provide our clients with enhanced services and capabilities."
Source: Company Press Release