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Doug Hammond
CEO at NFP, an Aon company
Doug Hammond is the Chairman and CEO of NFP (National Financial Partners Corp.), a leading insurance broker and consultant providing property and casualty, benefits, life, wealth, and retirement solutions.24 He has over 25 years of experience in executive management, operations, underwriting, and law.2
Hammond joined NFP in 1999 and has held several leadership positions, including president, chief operating officer, and general counsel.2 He became Chairman and CEO in 2013.25 Under his leadership, NFP has experienced significant growth:
- In 2013, he led NFP's $1.4 billion go-private transaction with Madison Dearborn Partners.24
- He subsequently led several recapitalizations of NFP.2
- In April 2024, NFP was acquired by Aon for $13 billion.2
Hammond's career highlights include:
- Implementing a 'people first' culture at NFP1
- Establishing NFP's Women in Leadership Council1
- Growing NFP's revenue to over $2.2 billion4
- Being named Broker CEO of the Year by Insurance Insider in 20243
Outside of NFP, Hammond serves as a Trustee of Fairfield University and Northwell Health, and is on the Board of Directors of The Council of Insurance Agents & Brokers.24 He is also a member of the CEO Commission for Disability Employment and has signed the Paradigm for Parity pledge.24
Hammond holds a Bachelor of Arts from Fairfield University and a law degree from St. John's University School of Law.25
Highlights
“Given the data and technology advancements over the past 10 years, the construction sector appears to be entering an age of improved strategic project selection and those that are adopting these tools early are reaping tremendous rewards.”
This observation from David Bowcott, co-leader of our Construction and Infrastructure group, is part of a recent article on “go or no-go” decision making in the construction space: https://lnkd.in/e298USQN
David outlines key categories to consider – including asset-specific risks/opportunities, subcontractor/supplier availability and multistakeholder risk. He also details how available data and technology offerings are better organizing data to “bring forward this new age of higher project hit ratios and improved profitability.”
David and his team continue to deliver a level of expertise that informs project decisions, mitigates risks and drives better outcomes. Outstanding work!
#NFP #ConstructionIndustry #Innovation
Great insights from Eric Andersen on Aon’s acquisition of NFP: https://lnkd.in/ezPh_xzj
In his conversation with The Insurer, Eric shares how our cultures and values are aligned and conveys a deep respect for what we’ve built and how we operate our business. He also provides details on what it means for NFP to be independent and connected and how it benefits stakeholders.
From this foundation, we’re in a great position to access each other’s strengths to win more business and do more for our clients. We have great people, a collaborative mindset and many opportunities to go after together.
Thanks to Eric for taking the time to share these perspectives.
#WeAreNFP #InsuranceIndustry #PeopleFirst #Collaboration NFP, an Aon company
