NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement, and individual solutions, has acquired GCG Risk Management, Inc., New York City-based firm that specializes in New York State workers’ compensation programs.
The amount of the deal was not disclosed.
This acquisition strengthens NFP’s property and casualty capabilities by broadening the suite of workers’ compensation and workplace health and safety services available to clients nationally.
With an additional office in Schenectady, New York, GCG specializes in New York State workers’ compensation programs for insured and self-insured employers, including safety trade groups and trade associations, underwritten by the State Insurance Fund.
Principal Ross Gnesin will join NFP as a senior vice president and Principal Joe Gnesin will remain active as a consultant to NFP.