NFP Announces Acquisition of Lapre Scali & Company Insurance Services

National Financial Partners Corp. (NYSE: NFP) has acquired Lapre Scali & Company Insurance Services, LLC. Effective July 1, 2011, Terrence M. Scali, chief executive officer, Lapre Scali, became chief executive officer, NFP Property and Casualty Services, Inc., and executive vice president, NFP.

NFP will continue to operate its property and casualty business as part of the Corporate Client Group, under the NFP P&C brand. Mr. Scali reports directly to Douglas W. Hammond, chief operating officer, NFP.

With annualized revenue of approximately $21 million, Lapre Scali is a property and casualty insurance brokerage headquartered in Scottsdale, AZ and licensed throughout the U.S.