McGriff Expands Real Estate & Hospitality Practice

December 7, 2020

McGriff today announced that it is expanding its Real Estate & Hospitality Practice with the launch of a Manhattan-based northeast regional team that includes four strategic hires with strong industry experience.

The new team will significantly grow McGriff’s presence in one of the largest U.S. real estate & hospitality markets, while bringing exceptional experience and specialty focus to its clients nationwide. The new Manhattan location will be McGriff’s first dedicated office in the city.

Joining McGriff as part of the Northeast Real Estate & Hospitality Practice within its Commercial Division are:

• Paul Cicerchia, Executive Vice President, Northeast Real Estate & Hospitality Practice Leader
• Jamie Sharpe, Senior Vice President
• Jonathan Nigro, Vice President
• David Beckley, Senior Vice President and Marketing Account Executive

The hiring of the northeast team continues McGriff’s history of attracting the top talent in the industry.

“With their deep market knowledge and industry expertise, our new team understands the challenges and complexities of the real estate and hospitality business,” said McGriff Commercial Division Regional President Read Davis. “Their strong technical expertise and broad industry relationships will benefit clients not only in the northeast but also nationally and internationally. The team will also leverage its relationship with Truist Bank—the owner of McGriff’s parent company, Truist Insurance Holdings—to provide insurance services and additional value to the bank’s clients.” 

McGriff’s Real Estate & Hospitality group represents private and public institutional owners, management companies, financial institutions, and real estate development companies. The group includes more than 75 team members, ranging from dedicated claims and loss control consultants to property and casualty experts, allowing the company to serve the growing needs of clients around the globe. 

McGriff, which comprises McGriff Insurance Services, Inc. and McGriff, Seibels & Williams, Inc., is a full-service insurance broker providing risk management and insurance solutions to clients across the United States. The firm’s coverages include commercial property and casualty, corporate bonding and surety services, cyber, management liability, captives and alternative risk transfer programs, small business, employee benefits, title insurance, personal lines, and life and health. McGriff is a subsidiary of Truist Insurance Holdings, Inc.

Truist Insurance Holdings, Inc.(opens in a new tab), the sixth largest insurance broker in the U.S. and seventh largest in the world, is a wholly-owned subsidiary of Truist Bank. Truist Insurance Holdings operates more than 250 offices through its subsidiaries:  McGriff Insurance Services, Inc.; McGriff, Seibels & Williams, Inc.; CRC Insurance Services, Inc.; Crump Life Insurance Services, Inc.; AmRisc, LLC; and its Premium Finance companies (AFCO Credit Corporation, Prime Rate Premium Finance Corporation, Inc., and CAFO Inc.).