NFP Acquires Hamilton Insurance Agency: A Game-Changer in Senior Care
NFP, a prominent brokerage within the Aon network, has strategically acquired the Hamilton Insurance Agency, renowned for its specialization in senior housing and long-term care insurance sectors.
Although the precise financial terms of the acquisition remain undisclosed, the impact on the industry and regulatory landscape is expected to be significant.
With nearly five decades of experience, Hamilton Insurance, headquartered in Fairfax, Virginia, has delivered comprehensive solutions such as risk management, benefit administration, and digital tools since its inception in 1982. Following the acquisition, Alan Zuccari, Hamilton's founder and CEO, will transition to the role of chairman emeritus, while Joe Zuccari, formerly the executive vice-president for Life and Health, will become senior vice-president at NFP.
Additionally, Jason Zuccari continues as managing director, focusing on developing a new insurance vertical within NFP. This leadership team will report directly to Ethan Foxman, president of NFP's Atlantic region operations. Hamilton's proprietary platforms, BeneLink Connect and an electronic risk management assistant, are now part of NFP’s toolkit, enhancing their underwriting and claims management capabilities. The acquisition aligns with NFP's strategy following its recent purchase of Pilot Benefits Group, fortifying its regulatory compliance offerings and service expansion in critical markets like senior living and long-term care.