National Yacht Practice Head Appointed by NFP

NFP has recently announced the appointment of Tom Gresh to head its national yacht practice within the company's private client group. According to a press release, Gresh will bring his extensive industry experience of over two decades to lead the team. Brett Woodward, the managing director for personal risk and national practice leader at NFP, expressed his excitement about Gresh joining the yacht practice.

Woodward highlighted Gresh's expertise in the yacht sector and his ability to navigate the complex global yacht market, emphasizing the impact he is expected to have on the firm's growth. Gresh, who has previously held leadership roles in yacht practices at well-known insurance brokers, is recognized for his risk management proficiency in the field. In his new position, he will report to Mike Melcher, who manages the company's personal risk business in the Atlantic region.

Melcher praised Gresh's skills in identifying and managing the complex liabilities associated with yacht ownership, such as repair contracts, custom modifications, and charter activities. He sees Gresh as a valuable resource for both NFP colleagues and clients nationwide, signaling the intentional expansion of the yacht practice with Gresh on board. With certifications including Certified Private Risk and Insurance Adviser, Certified Marine Insurance Professional, and a licensed Captain of the United States Coast Guard, Gresh is well-equipped to provide top-notch advice and service to clients for a seamless yacht ownership experience.

In response to his appointment, Gresh emphasized the importance of specialized expertise in client advisory, particularly in the intricate process of purchasing and insuring a yacht. He looks forward to leading the growth of NFP's yacht practice and providing clients with the insights and connections needed for a successful yacht ownership experience.