NFP's Henry C. Lombardi Assumes Leadership of Property & Casualty Business
Reinforces NFP's continued expansion in P&C and broader growth strategy
NEW YORK – January 31, 2019 – NFP, a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement, and individual private client solutions, today announced that Henry C. Lombardi, NFP's executive vice president, is assuming leadership of NFP's Property & Casualty (P&C) business and will join NFP's Executive Management Committee. Lombardi will spearhead operational, growth and strategic initiatives across NFP's P&C business.
In his new role, reporting to Ed O'Malley, EVP and head of Insurance Brokerage and Consulting, Lombardi will be responsible for managing NFP's P&C business and will continue to work closely with NFP's regional leadership teams to advance the growth and quality of NFP's P&C offerings across the company. Lombardi joined NFP in 2017, bringing three decades of prior P&C industry experience.
"Since joining NFP, Henry has been instrumental in refining our P&C growth strategy in a way that has accelerated our client service model, progress and results," said Doug Hammond, chairman and CEO of NFP. "His proven ability to expand our P&C capabilities and attract and retain great talent underscores NFP's commitment to providing best-in-class P&C services to our clients. P&C continues to be our fastest-growing business segment, and this latest move accelerates our positive momentum."
"I'm honored to assume leadership of our P&C business," said Lombardi. "NFP's strong people-first culture and the quality of the professionals I'm working with give me great confidence that NFP is well positioned for continued growth in P&C and ongoing progress as a truly integrated world class insurance broker."
NFP is a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement, and individual private client solutions through our licensed subsidiaries and affiliates. Our expertise is matched by our commitment to each client's goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space.
NFP has more than 4,700 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We've become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.
Recently NFP was named the 2nd largest retirement plan aggregator firm, as ranked by Investment News; the 5th largest US-based privately owned broker, the 5th best place to work in insurance and the 6th largest benefits broker by global revenue by Business Insurance; the 9th largest property and casualty agency by total 2016 P&C revenue and the 9th largest commercial lines agency by total 2016 P&C and commercial lines revenue by Insurance Journal; the 10th largest employee benefits broker by Employee Benefit Adviser; the 11th largest broker of US business by Business Insurance; and the 12th largest global insurance broker by Best's Review.
For more information, visit NFP.com.
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