Reinsurance News

NFP introduces new brand for its specialty program business

27th September 2023 - Author: Kassandra Jimenez-Sanchez

Property and casualty broker, NFP, has introduced Totalis Program Underwriters, a new brand for its specialty program business.

“Totalis consolidates top specialty underwriters into a single integrated platform, offering niche specialty solutions across many industries with a full suite of services, including underwriting, product development and distribution,” NFP stated.

It will be led by Tom Gillingham, head of Programs at NFP, and includes 17 distinct programs representing $750 million in annual gross written premium.

Gillingham commented: “We are proud to introduce the Totalis brand to enhance the momentum of our specialty program business.

“”The Totalis brand provides flexibility for our program businesses to operate independently from each other, while leveraging shared resources of the broader organisation. 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.”

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NFP’s managing general agent (MGA) division of specialty programs is an integral part of the growth and diversification of its property and casualty business, the broker explains.

Totalis is dedicated to elevating the breadth of knowledge and depth of experience essential to driving long-term growth. The collective expertise within Totalis includes hospitality and tourism, residential construction, healthcare and life sciences, and transportation.

“The creation of the Totalis brand is an important growth driver for NFP, our partners and the clients we serve,” added Gillingham. “Totalis is an attractive option for 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.”

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