NFP buys Minneapolis broker Moores to deepen Twin Cities P&C reach

What's the deal? NFP, an AonDealroom has a profile for this one. Try Dealroom → company, has acquired Moores Insurance ManagementDealroom has a profile for this one. Try Dealroom →, a Minneapolis-based risk management firm. Terms were not disclosed. The deal was announced on September 15, 2026.

What each side brings: NFP is a property and casualty (P&C) broker and benefits consultant with colleagues across the US, Canada, UK, and Ireland. Founded in 1987, Moores serves high-net-worth individuals and businesses across 43 states.

What's the endgame? The acquisition strengthens NFP's presence in Minnesota and expands its ability to serve high-net-worth and commercial clients. Chief executive officer Mark Moores joins NFP as senior vice president, Commercial P&C, while president Jack Moores becomes senior vice president of Personal Lines.

What they said: "Moores is a long-standing risk management firm and this addition further establishes our presence in the Minnesota market," said Brett Woodward, president of Personal Risk for NFP. Mark and Jack Moores said the deal pairs "deep local relationships with NFP's broad resources and capabilities."

The signal: The purchase reflects continued consolidation in insurance brokerage, as larger players absorb regional specialists to widen geographic reach and client offerings. For NFP, backed by AonDealroom has a profile for this one. Try Dealroom →, buying an established local firm is a faster route into a market than building from scratch.

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