Amynta Group Expands Its Nonprofit Insurance Services Through New Acquisition

Amynta Group Expands Nonprofit Insurance Services

On November 11, 2025, Amynta Group, a prominent provider of insurance services, revealed an important milestone in its growth strategy: the acquisition of Nonprofit Services Insurance Agency, Inc. (NPS) by its subsidiary, First Nonprofit Companies, Inc. (FNP). This strategic acquisition marks a significant advance in Amynta's commitment to serving the nonprofit sector, specifically addressing their unique unemployment insurance needs.

NPS, headquartered in Longview, Washington, has carved out a niche by assisting nonprofit organizations with innovative solutions to manage their unemployment insurance liabilities. Offering specialized captive management strategies, NPS allows its clients to not only meet state requirements but also do so in a cost-effective manner that ultimately benefits their operations. With over two decades of experience in the field, NPS's co-founders, Dennis Costa and Mark Hanson, will continue steering the company's efforts within the FNP structure, ensuring a seamless transition for existing clients.

This acquisition is more than just a business transaction; it represents a commitment from Amynta Group to enhance its offerings and value within the nonprofit realm. By incorporating NPS's extensive client base and expertise, FNP significantly diversifies its portfolio, responding to a growing demand for tailored insurance solutions among nonprofit, government, and tribal organizations. “NPS brings a long-term track record of success,” stated Mario Poretto, President of FNP, underlining the synergy this merger brings to both entities.

The move aligns with Amynta's broader strategy of providing comprehensive insurance solutions and maximizing operational efficiency for its clients. Nonprofits often face unique challenges in managing their unemployment insurance, and Amynta's acquisition of NPS positions the company as a leading provider of solutions designed specifically for this sector.

Amynta Group operates on a global scale, managing over $4 billion in premium across North America, Europe, the UK, and Australia. The firm has established itself as a customer-focused and independent organization that prioritizes innovative insurance and warranty protection solutions for a variety of clients, including wholesalers, retail agencies, and consumer product retailers.

In addition to its market reach, the strategic acquisition emphasizes Amynta's dedication to enhancing the value delivered to clients in the nonprofit sector, as well as paving the way for future opportunities for growth.