In March of 2020, when many businesses were starting to close down, Nick Fedeli was still busy networking to expand The Fedeli Group. With a vision of being insurance specialists in certain industries, Fedeli’s philosophy is to expand into verticals in which the firm can utilize its intellectual capital.
“We want to be experts in many industries such as aviation, construction and real estate,” said Fedeli, who serves as executive vice president of the family-owned firm and directs the strategy for business development, recruiting and acquisition. Now, one of the relationships he forged during the lockdown is blooming into an acquisition that has doubled the size of TFG Aviation, The Fedeli Group’s aviation insurance practice.
“Strategically, we’re trying to grow in niche areas like aviation where we have a lot of expertise and technical competency,” Fedeli said. “In order to differentiate ourselves, we have to really understand the industries we serve. We have to think about business risks from our clients’ perspectives, so we can become the go-to concierge for solving those challenges.”
Fedeli has been actively growing TFG Aviation over the last decade…
