NIA ranked as the 34th-largest brokerage of U.S. business in 2009, based on brokerage revenues of $69.7 million. It operates as a retail agent and broker and places commercial and personal property/casualty coverages, as well as, employee benefit programs.
NIA was founded by a general contractor in 1926. NIA Chairman Paul Gross, the grandson of founder Bernat Nelson, built NIA through acquisitions and the opening of branch offices. In 1994, NIA made its largest acquisition when it bought a majority interest in New York-based Kornreich Insurance Services.
Marsh & McLennan Agency said it has acquired NIA Group as well as the New York operations of Kornreich-NIA.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
