Property and casualty broker NFP has announced its acquisition of Richard S. Miller & Sons, Inc. dba Miller Insurance Group (MIG), expanding its presence in Indiana’s middle-market sector.
The acquisition of MIG, a P&C and benefits agency with multiple offices in the state, is part of NFP’s ongoing strategy to grow its footprint in the Midwest, according to a news release.
Greg Miller, chairman of MIG, will join NFP as senior vice president, reporting to Amanda Ruback, NFP’s P&C managing director in the Central region. MIG’s co-owners, Christian Barnes, Joe Stiles, Chad Miller, and Ben Nehls, will also join NFP as vice presidents and will report to Greg Miller.
“I’m thrilled to welcome Greg and the MIG team to NFP,” said Ruback. “With their outstanding reputation and loyal customer base across Indiana, they will help us continue to grow our strong commercial P&C presence in the state.”
The acquisition builds on NFP’s previous growth efforts in Indiana, according to the news release. In recent years, NFP has made significant moves in the state, including acquiring Indianapolis-based First Person, an employee benefits brokerage firm, in 2021, and City Securities Insurance, a full-service commercial P&C insurance consultant, in 2017. MIG’s addition further strengthens NFP’s position in northern Indiana.
Founded in 1937, MIG has provided commercial property and casualty insurance and employee benefits to corporate clients, as well as personal lines insurance. Known for their long-standing client relationships and high-touch service, the MIG team brings decades of experience to NFP, according to the news release.
“We are excited to join NFP and start another chapter in our successful history,” said Greg Miller. “As part of NFP, we can leverage their resources, expand our offerings, and bring additional value to our clients.”
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