HomeInsuranceNational Canadian brokerage reports 110% revenue increase

National Canadian brokerage reports 110% revenue increase

NFP has grown dramatically in Canada over the last three years, with a 110% expansion in revenue, the large national brokerage reported late last month.

“NFP in Canada is 20 times larger than it was five years ago,” Scott Saddington, chief operating officer of NFP in Canada, said in a press release July 26.

To reflect its growing presence, NFP said it will open a new corporate office in downtown Toronto. The P&C brokerage, benefits consultant, wealth manager and retirement plan advisor signed a 10-year lease for 13,000 square feet in First Canadian Place, a high-profile office complex in Toronto’s financial district.

NFP outgrew its current office space, and continues to acquire companies and add new employees in Canada. The new office has the capacity for 65 employees, and provides more space for meetings with clients and partners.

“It is our priority to build a…

Read more at www.canadianunderwriter.ca

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