None
EN
Aon’s NFP acquires Frontier Risk’s retail cannabis business
['Kassandra Jimenez-Sanchez']
ReinsuranceNe.ws
NFP, an Aon company and property and casualty (P&C) broker and benefits consultant, has announced the acquisition of the retail cannabis business of Frontier Risk Group, Inc.As a specialty insurance firm, Frontier Risk offers tailored solutions for the cannabis industry and regulated-products clients.
Eric Schneider, senior vice president, Frontier Risk, is to join NFP with the same title, and will be reporting to Scott Foster, Healthcare and Life Sciences practice leader for NFP.
Tom Gillingham, President of Commercial Risk, NFP, commented: “We’re excited to welcome the Frontier Risk team to NFP and begin building on the strong business they have created to serve clients with distinction.
“Frontier Risk’s cannabis business is a natural fit for our Life Sciences practice,” said Foster.
According to the announcement, Frontier Risk Group will focus on scaling Strata Specialty, its multi-program manager, following the sale of its retail cannabis business.