October 13, 2010

National Financial Partners Corp. (NYSE: NFP), a leading provider of benefits, insurance and wealth management services, and Accord Human Resources announced today that NFP Insurance Services, Inc., NFP’s licensed insurance agency and insurance marketing organization, has entered into a preferred partner relationship with Accord Human Resources. This agreement will offer NFP’s corporate benefits professionals a comprehensive, outsourced human resource management solution for their clients.

Accord Human Resources, is among the 10 largest privately held professional employer organizations (PEOs) in the country and serves clients and their employees in all 50 states. Accord delivers end-to-end human resource solutions such as employee benefits, payroll management and workers’ compensation to small and medium-sized companies in various industries.

Commenting on today’s announcement, Ed O’Malley, president of NFP’s Corporate Client Group, said, “We are excited about our relationship with Accord, and we believe adding such a capable and experienced partner will benefit our clients. Small and medium-sized businesses are confronted with many challenges in today’s changing environment and we believe this PEO offering, along with our other innovative product and service offerings, ┬áprovide value-added solutions for their human resource needs.”

Dale Hageman, president and chief executive officer of Accord, remarked, “NFP is a recognized leader in delivering benefits solutions to businesses nationwide. We are pleased to partner with NFP and believe our proven service offerings and human resource expertise will complement the NFP solutions already offered to their small and medium-sized business clients.”