financetom
Business
financetom
/
Business
/
Amynta Group Acquires Nonprofit Services Insurance Agency
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amynta Group Acquires Nonprofit Services Insurance Agency
Nov 11, 2025 1:26 PM

NEW YORK, Nov. 11, 2025 /PRNewswire/ -- Amynta Group, a leading insurance services provider, announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Nonprofit Services Insurance Agency, Inc. (NPS) based in Longview, WA. Terms of the transaction were not disclosed.

NPS provides alternative methods for nonprofit employers to meet their unemployment insurance liabilities, offering comprehensive captive management unemployment insurance solutions to a diversified group of nonprofit organizations. Dennis Costa and Mark Hanson, co-founders of NPS which has been serving its clients for over 20 years, will continue to lead the business as it integrates with FNP.

First Nonprofit provides unemployment insurance solutions for 501(c)3 nonprofit, government and tribal entities that provide cost saving options satisfying State Unemployment Insurance requirements. This acquisition expands and diversifies FNP's book of nonprofit clients and service options.

"NPS brings a long-term track record of success serving its nonprofit clients that deepens our capabilities serving the nonprofit sector," said Mario Poretto, President of FNP. "We're committed to delivering expanded service and value through the combined strengths of both organizations. I am excited to welcome Dennis, Mark and their associates to FNP."

About Amynta

Amynta Group is an insurance services company with more than $4 billion in total managed premium across North America, United Kingdom, Europe and Australia. An independent, customer-centered and underwriting-focused company, Amynta serves leading carriers, wholesalers, retail agencies, auto dealers, OEMs, and consumer product retailers with innovative insurance and warranty protection solutions. For more information, please visit amyntagroup.com.

Amynta Media Contact:

Brenna Tetley

Phone: (646) 887-9498

Email: [email protected]

Amynta Mergers & Acquisitions Contact:

Chris Ezbiansky

Phone: (646) 887-9495

Email: [email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/amynta-group-acquires-nonprofit-services-insurance-agency-302612104.html

SOURCE The Amynta Group

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Reddit Shares Drop Near 14% as Hedgeye Calls it a 'Short Idea'
Reddit Shares Drop Near 14% as Hedgeye Calls it a 'Short Idea'
Mar 27, 2024
12:22 PM EDT, 03/27/2024 (MT Newswires) -- Reddit ( RDDT ) shares were down nearly 14% in recent trading after research investment firm Hedgeye Risk Management put out a report calling the social media platform a short idea. Hedgeye analyst Andrew Freedman tweeted on X that Reddit ( RDDT ) stock has a 50% downside risk from the stock's initial...
Update: Cintas Shares Rise Following Fiscal Q3 Earnings Report; Fiscal 2024 Guidance Raised
Update: Cintas Shares Rise Following Fiscal Q3 Earnings Report; Fiscal 2024 Guidance Raised
Mar 27, 2024
12:15 PM EDT, 03/27/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.) Cintas ( CTAS ) shares were up 9% in recent Wednesday trading after the company reported its fiscal Q3 earnings. The company reported earnings of $3.84 per diluted share, up from $3.14 a year earlier. Analysts polled by Capital IQ expected...
Arqit Quantum Provides Trade Financing Technology to Vayana TradeXchange
Arqit Quantum Provides Trade Financing Technology to Vayana TradeXchange
Mar 27, 2024
12:28 PM EDT, 03/27/2024 (MT Newswires) -- Arqit Quantum ( ARQQ ) said Wednesday Vayana TradeXchange selected its TradeSecure digital negotiable instrument technology under a partnership. Arqit's technology facilitates cross border transactions by providing referenceable and transferable digital finance instruments for easy access to working capital against trade receivables. The initial focus of the partnership will be India, Singapore, the...
Syntec Optics Secures $2.8 Million Order for US Defense Night Vision Goggle Components
Syntec Optics Secures $2.8 Million Order for US Defense Night Vision Goggle Components
Mar 27, 2024
12:30 PM EDT, 03/27/2024 (MT Newswires) -- Syntec Optics ( OPTX ) said Wednesday it won orders worth $2.8 million for high-precision components and subsystems used in night vision goggles for US defense. The delivery of these orders is due in 2024, according to the company. Syntec Optics ( OPTX ) said the latest orders are ongoing with multiple requests...
Copyright 2023-2026 - www.financetom.com All Rights Reserved