The NIA Group Appoints Kevin W. Conboy as CEO of Insurance Brokerage Firm.

Insurance Industry Veteran Joins Company, June 1, 2008 

 

Tuesday, June 3, 2008, Paramus, NJ - The NIA Group, LLC is pleased to announce that Kevin W. Conboy, the former President and Chief Executive of Acordia (Wells Fargo Insurance Services) will join the Company as its Chief Executive Officer, effective June 1, 2008.

 

“The NIA Group is excited to have Kevin Conboy on board,” says Paul L. Gross, Chairman of the 82-year old insurance brokerage firm.  “In addition to formulating NIA’s sales strategy, Kevin will play a significant role in the execution of our business plan of expanding our foot print through acquisitions and the addition of new brokerage professionals. His experience and leadership on these fronts will be instrumental in helping us achieve our ultimate vision of leveraging a two-pronged strategy of acquisition and organic growth.”

 

About Kevin Conboy:

During his sixteen-year career with Acordia, Mr. Conboy completed fifty-four acquisitions, increased operating margins, incorporated cross selling as an integral corporate strategy, and spearheaded the successful integration of Acordia into Wells Fargo.  As a long time senior executive within the organization, Kevin’s leadership at the fifth largest brokerage firm played a key role in the firm’s growth and profitability during his tenure. Mr. Conboy graduated from Colorado State University and has spent his entire career in the insurance field.

 

Steven L. Grossberg, President of The NIA Group, will work closely with Mr. Conboy in the development and execution of the company strategy.

 

“I am excited at the opportunities I foresee with this increased dedication of resources at the executive level. I feel that Kevin and Steve’s complimentary skills and talents will be just the right formula to lead our company to the next level.” Gross added.

 

About The NIA Group:

Headquartered in Paramus, NJ, The NIA Group, LLC is one of the largest privately help brokerages in the country that provides insurance, risk management and employee benefits services through its offices in New Jersey, New York, Connecticut and Florida. For more information about The NIA Group, please visit www.niagroup.com.

 

For further information, please contact Kim Keating of The NIA Group, 1.201.336.1344 or kkeating@niagroup.com