NFP Expands Northeast Presence with Acquisition of Pilot|RB™ Employee Benefits Firm

NFP Expands Northeast Presence with Acquisition of Pilot|RB™



In a significant move to enhance its operations and offerings in the Northeast region, NFP, a company under Aon, has announced its acquisition of Pilot Benefits Group, LLC, commonly known as Pilot|RB™. This strategic acquisition is positioned to deepen NFP's services in group benefits, particularly for the nonprofit sector and middle market businesses, aligning with NFP's goal to deliver comprehensive solutions tailored to a diverse clientele.

NFP, recognized as a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor, is integrating the capabilities of the Pilot team to further enrich its already extensive portfolio. The acquisition brings aboard the Senders family, who have led Pilot for over sixty years, known for their expertise in designing benefit programs that minimize costs and risks while maximizing value for clients.

This merger sees Josh Senders and Ben Senders, key figures within Pilot, stepping into roles as senior vice presidents at NFP, directly reporting to Chris Feneli, managing director of Benefits for NFP in the Northeast. Kate Henry, the president of the Northeast region at NFP, expressed enthusiasm about the added value the Pilot team will bring. "We're excited to welcome Josh, Ben, and the Pilot team and add their capabilities and expertise to our diverse portfolio of solutions," Henry stated. She emphasized the strategic nature of the acquisition, anticipating that the integration of Pilot's services will lead to innovative solutions that enhance offerings for employers and their employees across the tristate area.

The essence of this acquisition lies in expanding NFP’s reach in the benefits consulting space, reinforcing their commitment to assisting nonprofit organizations and middle market businesses effectively. The Senders family voiced their eagerness to join the NFP framework, highlighting the unmatched integration of expertise and service across diverse business lines as a particularly exciting aspect of this merger. They noted that this synergy presents new growth opportunities that will positively impact the solutions they provide to their clients.

In terms of client impact, this merger is set to enhance not only the breadth of services offered but also the depth of knowledge and expertise available to existing and future clients of both NFP and Pilot. NFP's extensive experience in risk management and benefits consulting, combined with Pilot's longstanding focus on the nonprofit segment and middle market, positions the new entity to address complex challenges with innovative solutions.

The recruitment of key personnel from Pilot reflects NFP’s strategy to retain talent while capitalizing on the existing relationships and expertise within the nonprofit sector. This move is not merely an expansion in geographical terms, but it solidifies NFP's position as a comprehensive service provider capable of addressing diverse client needs through specialized solutions tailored to the unique challenges of the regions they serve.

In conclusion, the acquisition of Pilot|RB™ marks a pivotal moment for NFP as it seeks to strengthen its foothold in the Northeast. This strategic acquisition will pave the way for enhanced service delivery and operational excellence, ultimately benefiting their clients and the communities they serve. With a shared vision of prioritizing client success, NFP and Pilot are poised to set a new standard in employee benefits consulting in the Northeast region.

Topics Financial Services & Investing)

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