NFP, a prominent company under Aon, has recently announced the appointment of Patrick O’Neill as the new head of its Financial Institutions Group (FIG). This strategic move is expected to enhance the group’s leadership and drive growth in a competitive industry.
Patrick O’Neill, who previously held the position of senior vice president within FIG focusing on large accounts, takes over from Lauren Kim. Kim is transitioning to become the regional managing director for Property and Casualty (P&C) in the Northeast region. This shift in leadership underscores NFP’s commitment to maintaining strong leadership within its Financial Institutions Group.
Mike Walsh, president of commercial P&C, expressed enthusiasm about O’Neill’s new role, stating, “This is an exciting opportunity for Patrick that aligns well with the leadership he has shown since joining NFP eight years ago.” He emphasized the significant progress made under Kim’s leadership and expressed confidence that O’Neill would continue to build on this momentum. With a talented team in place, they aim to provide impactful insights and solutions to clients navigating the complexities of the financial landscape.
O’Neill has been with NFP since 2016, coming from Everest National Insurance Company. His extensive experience in managing large accounts positions him well to tackle the intricate challenges faced by financial institutions. In his own words, O’Neill stated, “I’m looking forward to leading our Financial Institutions Group, building from a strong foundation and continuing to work with our exceptional team.” He acknowledged Kim’s contributions to advancing FIG and expressed readiness to help clients address their complex challenges through expert solutions.
O’Neill will guide a capable management team that includes Justin Corey, Amy Jenkins, Jaclyn Ross, Nima Seirafipour, and Marc Tauber. Together, they will focus on serving banks, insurance companies, and investment management firms, offering specialized expertise in risk management and insurance solutions.
NFP operates as an independent and connected platform within Aon, boasting over 7,700 employees globally and generating a revenue exceeding $2 billion. The company provides a wide range of services across property and casualty brokerage, benefits consulting, wealth management, and retirement plan advisory. Its strong presence extends across the United States, Canada, the United Kingdom, Ireland, and Puerto Rico.
As the financial services industry continues to evolve, the leadership transition within NFP’s Financial Institutions Group represents a pivotal moment. The team is poised to deliver exceptional service and innovative solutions to their clients.
Do you have thoughts on this recent announcement? Share your insights in the comments below.