NFP Acquires London-Based Advanced Insurance Consultants Limited: NFP Corp.

2024 FEB 02 (NewsRx) -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- NFP, an international insurance broking and consulting firm, announced its acquisition of Advanced Insurance Consultants Limited (AIC), an independent insurance broker based in Hemel Hempstead on the outskirts of London. As part of the deal, which closed on December 15, the entire AIC team will join NFP.

“AIC is well respected by its clients, peers and partners, and has a brilliant team of insurance professionals supporting their operation,” said Matt Pawley, regional managing director, NFP in Europe. “This acquisition will bolster the client base of both organizations and increase our ability to deliver integrated and specialized solutions. AIC will be a great addition to NFP as we help clients tackle their risk mitigation.”

AIC’s specialized expertise includes the agriculture, marine, leisure, vehicle and construction industries. While predominantly a commercial insurance broker, AIC also provides personal insurance for individuals.

“AIC has enjoyed many successful years by leveraging our strengths, which is a testament to our first-rate, professional employees and ability to serve the diverse needs of our clients,” said Chris Metcalfe, managing director of AIC. “Now we look forward to our next chapter by utilising the many additional resources that NFP brings, not only across insurance but also within the employee benefits and wealth management space.”

(Our reports deliver fact-based news of research and discoveries from around the world.)