XPT Welcomes Corrado as Specialty Hire; NFP Elevates Favale; Jencap Expands with Edge Addition

XPT Specialty Hires Corrado as Personal Lines Insurance Broker

XPT Specialty, based in New Haven, Connecticut, has announced the hiring of Joseph Corrado as a personal lines insurance broker. Corrado brings a wealth of experience in portfolio oversight, agency partnerships, and a deep understanding of the Northeastern U.S. insurance landscape.

In his new role, Corrado will collaborate with retail agents along the East Coast to place a diverse array of personal lines risks. These include homeowners, personal liability, and specialty coverages. His primary focus will be on key markets such as New York, New Jersey, and Pennsylvania, among others. Prior to joining XPT Specialty, Corrado served as a personal lines underwriter at Morstan General Agency.

NFP Appoints Favale as Head of Mergers & Acquisitions

NFP, an Aon company and a leading property and casualty (P&C) broker and benefits consultant headquartered in New York City, has appointed Adam Favale as executive vice president and head of mergers and acquisitions (M&A).

Favale has been with NFP since 2010, where he has played a pivotal role on the M&A team for over 15 years. His previous experience includes more than six years as vice president of corporate finance at FGIC, which was ultimately sold by GE Capital. Favale began his career in GE Capital’s financial management program, laying a strong foundation for his future endeavors.

Jencap Adds Edge to its Property & Casualty Binding Team

John Michael “JM” Edge, formerly of Amwins, has joined Jencap Group LLC’s property and casualty (P&C) binding team as its manager for the Atlanta, Georgia; Charlotte, North Carolina; and Denver, Colorado teams. Jencap Group LLC is also headquartered in New York City.

Edge comes to Jencap after a decade at Amwins, where he was instrumental in building out the Florida office. Most recently, he worked with Jupiter Re on their large property program team, further enhancing his expertise in the field.

XPT Specialty Hires Corrado as Personal Lines Insurance Broker

XPT Specialty, based in New Haven, Connecticut, has announced the hiring of Joseph Corrado as a personal lines insurance broker. Corrado brings a wealth of experience in portfolio oversight, agency partnerships, and a deep understanding of the Northeastern U.S. insurance landscape.

In his new role, Corrado will collaborate with retail agents along the East Coast to place a diverse array of personal lines risks. These include homeowners, personal liability, and specialty coverages. His primary focus will be on key markets such as New York, New Jersey, and Pennsylvania, among others. Prior to joining XPT Specialty, Corrado served as a personal lines underwriter at Morstan General Agency.

NFP Appoints Favale as Head of Mergers & Acquisitions

NFP, an Aon company and a leading property and casualty (P&C) broker and benefits consultant headquartered in New York City, has appointed Adam Favale as executive vice president and head of mergers and acquisitions (M&A).

Favale has been with NFP since 2010, where he has played a pivotal role on the M&A team for over 15 years. His previous experience includes more than six years as vice president of corporate finance at FGIC, which was ultimately sold by GE Capital. Favale began his career in GE Capital’s financial management program, laying a strong foundation for his future endeavors.

Jencap Adds Edge to its Property & Casualty Binding Team

John Michael “JM” Edge, formerly of Amwins, has joined Jencap Group LLC’s property and casualty (P&C) binding team as its manager for the Atlanta, Georgia; Charlotte, North Carolina; and Denver, Colorado teams. Jencap Group LLC is also headquartered in New York City.

Edge comes to Jencap after a decade at Amwins, where he was instrumental in building out the Florida office. Most recently, he worked with Jupiter Re on their large property program team, further enhancing his expertise in the field.