David Springer

NIP Group, Inc. engages in the provision of business insurance and risk management services. It operates through the following business units: NIP Programs, NIP Specialty Brokerage, and NIP Group Captive Management. The NIP Programs unit develops and manages business insurance programs underwritten by insurers for industries with specialized insurance and risk management needs. The NIP Specialty Brokerage unit is a wholesale brokerage operation targeting non-standard commercial risks underwritten by admitted and non-admitted specialty carriers. The NIP Group Captive Management unit enables business professionals and entities to form an association in order to share risk as an alternative cost-efficient manner to purchase commercial insurance. The company was founded by Richard Augustyn and is headquartered in Woodbridge, NJ.