NFP buys Hamilton Group

NFP said on April 14 that it has bought The Hamilton Group, a New Jersey insurance broker, to add property-and-casualty reach in the Northeast. (nfp.com) The seller is based in Cedar Knolls, New Jersey, and NFP described it as a multi-disciplinary broker serving businesses across the tri-state area. Greg Frankel and David Page are joining NFP as senior vice presidents. (nfp.com) Frankel and Page will report to Lauren Kim, regional managing director of property and casualty in NFP’s Northeast region. NFP did not disclose financial terms in its announcement. (prnewswire.com) Property and casualty insurance covers risks such as lawsuits, workplace accidents, auto claims, and damage to buildings and equipment. Buying a local broker gives a national firm licensed staff, carrier relationships, and existing client accounts in one move. (insurancejournal.com) NFP has been using acquisitions to build out regional specialty lines since Aon completed its purchase of NFP in 2024. Eight days before the Hamilton deal, NFP said it had also acquired Sherman Insurance Agency, a transportation-focused broker in Minnesota. (aon.com 1) (aon.com 2) Hamilton Group has operated for nearly 70 years and has focused on small and midsize businesses in New Jersey and the wider tri-state market. NFP said those longstanding carrier ties were part of the appeal. (insurancebusinessmag.com) (nfp.com) The deal also adds another New Jersey foothold for NFP in a region where middle-market companies often buy commercial insurance through relationship-driven local agencies. Coverager reported that the transaction adds local distribution and regional client relationships to NFP’s footprint. (coverager.com) For clients, the immediate change is ownership, not branding: Hamilton’s leaders are moving into NFP roles, and NFP is framing the purchase as a way to offer broader risk-management resources while keeping local service in place. (prnewswire.com)