AIC, an independent insurance broker situated in Hemel Hempstead on the outskirts of London, is now a part of the NFP family following the successful completion of the deal on December 15.
The acquisition will bolster NFP’s expansion strategy and client base in its commercial insurance offerings in the key markets of London and the South East. The integration of the entire AIC team into NFP marks a significant milestone, positioning the firm to provide enhanced services and expertise to clients in the region.
“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 specialized solutions. AIC will be a great addition to NFP as we help clients tackle their risk mitigation.”
AIC’s specialised 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.
He added: “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.”
