NFP acquires assets of Signature Personal Insurance

NFP , an Aon company, has acquired certain assets of Signature Personal Insurance (SPI), a Kansas City-based independent personal lines agency focused on high-net-worth clients.

As part of the transaction, SPI founder Roper DeGarmo will join NFP as vice president, reporting to Mary Mullen, senior vice president of Personal Risk in NFP’s Central Region.

Founded in 2004, SPI specializes in serving affluent individuals and families with complex insurance needs, including coverage for luxury homes, fine art collections, and rare automobiles. The agency also offers what it describes as a Professional Advisor Insurance Resource model.

NFP said the acquisition expands its Private Client Group capabilities in the Midwest and strengthens its presence in the Kansas City market.

“We’re thrilled to welcome Roper and SPI’s capabilities to our Private Client Group. Their high-net-worth personal property and casualty insurance tools will strengthen our ability to deliver integrated risk management solutions to individuals and families while also expanding our presence in the Kansas City market.” – Brett Woodward, president of Personal Risk at NFP.

Terms of the transaction were not disclosed.