NFP launches new brand for specialty program business
NFP launches new brand for specialty program business | Insurance Business America
Insurance News
NFP launches new brand for specialty program business
New brand includes 17 programs representing $750 million in GWP
Insurance News
By
Ryan Smith
Property-casualty broker NFP has announced the launch of a new brand for its speciality program business.
Called Totalis Program Underwriters, the new brand will consolidate NFP’s specialty underwriters into one integrated platform, the company said. Totalis will offer niche specialty underwriting across a range of industries, as well as providing services such as product development and distribution.
Totalis will include 17 programs representing $750 million in annual gross written premium, NFP said. It will be led by Todd Gillingham, NFP head of programs.
“We are proud to introduce the Totalis brand to enhance the momentum of our specialty program business,” Gillingham said. “The Totalis brand provides flexibility for our program businesses to operate independently from each other, while leveraging shared resources of the broader organization. With a growing collection of highly regarded businesses, Totalis is well-positioned to serve the distinct needs of our distribution and carrier partners and insureds.”
Totalis underwriters have expertise across an array of sectors, including hospitality and tourism, residential construction, healthcare, and transportation, NFP said.
“The creation of the Totalis brand is an important growth driver for NFP, our partners and the clients we serve,” Gillingham said. “Totalis is an attractive option for our distribution partners and carriers, as well as clients with complex or underserved insurance needs. This is an exciting start, but it’s just the beginning of what we’ll achieve together.”
“Since joining NFP in 2020, I’ve been impressed with what Tom and the team have done to grow the MGA business,” said Stephen Harrell, managing director of Insurance Specialty Group, an NFP-owned business that is part of the Totalis platform. “Totalis has outstanding businesses, a clear vision and resources to invest, and I’m looking forward to more positive momentum.”
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