NFP has today announced its acquisition of independent insurance broker Advanced Insurance Consultants Ltd. As part of the deal, which closed on 15th December, the entire AIC team will join NFP.
AIC’s expertise includes the agriculture, marine, leisure, vehicle and construction industries.
“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 organisations and increase our ability to deliver integrated and specialised solutions. AIC will be a great addition to NFP as we help clients tackle their risk mitigation.”
While predominantly a commercial insurance broker, AIC also provides personal insurance for individuals.
Chris Metcalfe, managing director of AIC, added: "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. 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.”
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