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NFP Buys London-Based mostly Superior Insurance coverage Consultants Ltd.

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NFP, the insurance coverage broking and consulting agency, introduced it has acquired Superior Insurance coverage Consultants Ltd. (AIC), an impartial insurance coverage dealer based mostly in Hemel Hempstead on the outskirts of London.

As a part of the deal, which closed on Dec. 15, all the AIC staff will be part of NFP. Monetary particulars weren’t disclosed.

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“AIC is nicely revered by its shoppers, friends and companions, and has an excellent staff of insurance coverage professionals supporting their operation,” stated Matt Pawley, regional managing director, NFP in Europe. “This acquisition will bolster the shopper base of each organizations and improve our capability to ship built-in and specialised options. AIC can be an ideal addition to NFP as we assist shoppers deal with their danger mitigation.”

AIC’s specialised experience consists of the agriculture, marine, leisure, automobile and building industries. Whereas predominantly a industrial insurance coverage dealer, AIC additionally gives private insurance coverage for people.

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NFP stated the acquisition will allow it to broaden its industrial insurance coverage providing and additional develop its shopper base within the London and the broader South East areas of the UK.

“AIC has loved many profitable years by leveraging our strengths, which is a testomony to our first-rate, skilled workers and skill to serve the various wants of our shoppers,” stated Chris Metcalfe, managing director of AIC. “Now we stay up for our subsequent chapter by using the numerous further sources that NFP brings, not solely throughout insurance coverage but in addition inside the worker advantages and wealth administration house.”

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Supply: NFP

Matters
Mergers & Acquisitions
London

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