NFP acquires Moores Insurance Management

NFP , an Aon company, has acquired Moores Insurance Management, a Minneapolis-based risk management firm serving high-net-worth individuals and commercial clients. Terms of the transaction were not disclosed.

Founded in 1987, Moores operates across 43 states. The acquisition expands NFP’s property and casualty capabilities and presence in Minnesota.

CEO Mark Moores will join NFP as senior vice president of Commercial P&C, reporting to Amanda Ruback, managing director of P&C for NFP’s Central region. President Jack Moores will become senior vice president of Personal Lines, reporting to Mary Mullen, senior vice president of Personal Risk for the region.

“The combination with NFP will create significant value for clients, pairing our deep local relationships with NFP’s broad resources and capabilities.” – Mark and Jack Moores.