NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, announced the acquisition of Sherman Insurance Agency, Inc., a full-service agency specializing in trucking, commercial, personal and benefits insurance solutions.
Based in South St. Paul, Minnesota, Sherman strengthens NFP’s presence in the Upper Midwest and enhances its Transportation and Logistics practice. As part of the transaction, Sherman leaders John Glieden, Kyle King and Peter Lobe will join NFP as senior vice presidents, and Jennifer Carter will join as vice president. All will report to Amanda Ruback, managing director, P&C, Central region.
Founded in 1931, Sherman Insurance Agency serves small and mid-market businesses in the trucking and transportation industries across the Twin Cities, Upper Midwest and beyond. Over the years, Sherman has broadened its offerings to include innovative risk management solutions for commercial clients and personal insurance needs.
Topics
Mergers & Acquisitions
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