{"id":20339,"date":"2023-06-15T19:14:28","date_gmt":"2023-06-15T19:14:28","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=77435"},"modified":"2023-06-15T19:14:28","modified_gmt":"2023-06-15T19:14:28","slug":"nfp-acquires-rhodes-williams-limited-expanding-its-presence-in-ontario","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/06\/15\/nfp-acquires-rhodes-williams-limited-expanding-its-presence-in-ontario\/","title":{"rendered":"NFP Acquires Rhodes &#038; Williams Limited, Expanding Its Presence in Ontario"},"content":{"rendered":"<h3>Acquisition increases NFP\u2019s P&amp;C capabilities and scale across personal risk and commercial line<\/h3>\n<p>New York, NY (June 8, 2023) \u2013 NFP, a leading property &amp; casualty broker, benefits consultant, wealth manager and retirement plan advisor, is announced it has acquired Rhodes &amp; Williams Limited. With the addition of Rhodes &amp; Williams, NFP expands its presence in Ontario and increases its P&amp;C capabilities and scale across personal risk and commercial lines. The acquisition aligns with the company\u2019s strategy of building a unified national platform that provides superior expertise and advice to clients, while reinforcing NFP\u2019s people first culture. The transaction closed on May 24.<\/p>\n<p>\u201cWe\u2019re excited to welcome the Rhodes &amp; Williams team to NFP,\u201d said John Haas, president, NFP in Canada. \u201cWe\u2019ve worked diligently to identify the right partner to expand our presence in Ottawa, and we\u2019ve found it in Rhodes &amp; Williams. Their excellent reputation, relationships and results across the region will accelerate our growth and bring additional value to NFP\u2019s clients in Canada.\u201d<\/p>\n<p>Established in 1935, Rhodes &amp; Williams specializes in commercial and personal risk lines P&amp;C. They have grown to be one of the largest independently owned insurance brokerages in Ontario. The executive leadership team, including Trent Young, Cory Young, Kristy McDougall, Kelly Beggs, Chris Armstrong, and Mark Pusiak, along with all other shareholders and employees of Rhodes &amp; Williams, will join NFP.<\/p>\n<p>\u201cJoining NFP is a great move for our people and clients,\u201d said Trent Young, president, Rhodes &amp; Williams. \u201cThis transaction will bring immense value to our clients by giving them access to additional markets and products, cross border capabilities, and added expertise across NFP. We\u2019re also looking forward to being part of NFP\u2019s people first culture, which creates opportunities for employees to grow and thrive.\u201d<\/p>\n<h4 class=\"smallhead\"><b>About NFP<\/b><\/h4>\n<p>NFP is a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor that provides solutions enabling client success through the expertise of over 7,400 global employees, including more than 1,000 employees in <span class=\"xn-location\">Canada<\/span>, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. NFP is the 9th best place to work for large employers in insurance, 7th largest privately-owned broker, 5th largest benefits broker by global revenue and 13th largest broker of US business (all rankings according to <i>Business Insurance<\/i>). For more information, visit <a href=\"https:\/\/www.nfp.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">nfp.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Rhodes &amp; Williams Group of Companies<\/b><\/h4>\n<p class=\"normal\">Rhodes &amp; Williams Limited is a leading independent Personal and Business insurance broker operating out of its main office in Ottawa, yet servicing clients across Canada. They continue to grow through organic means as well as acquisition of quality insurance brokerages with a similar focus on running profitable businesses, while servicing and protecting their clients.&nbsp; Some of the more recent brokerages to join the group include; Caiger Watson Insurance Brokers, S.M. Hill Insurance, Eric Mclean Insurance Brokers, Cleary &amp; Associates and Dewar &amp; Bethune Insurance Brokers. For more information, visit <a href=\"https:\/\/www.rhodeswilliams.com\/\">www.rhodeswilliams.com<\/a>.<\/p>\n<p class=\"referencetext\"><i>Source: NFP Corp.<\/i><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/acquisition\/\" rel=\"tag\">Acquisition<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/nfp\/\" rel=\"tag\">NFP<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/ontario\/\" rel=\"tag\">Ontario<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/rhodes-williams\/\" rel=\"tag\">Rhodes &amp; Williams<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acquisition increases NFP\u2019s P&amp;C capabilities and scale across personal risk and commercial line New York, NY (June 8, 2023) \u2013 NFP, a leading property &amp; casualty broker, benefits consultant, wealth manager and retirement plan&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20339"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20339"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20339\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}