NFP, the New York Metropolis-based property/casualty insurance coverage dealer and marketing consultant, introduced the acquisition of Dublin-based well being and life insurance coverage adviser, Tailor-made Finance Ltd.
That is NFP’s first healthcare-focused acquisition within the Irish market, increasing its portfolio of companies and options. Tailor-made Finance’s managing director, Jeremy Tucker, will be part of NFP and report back to Colm Energy, director, NFP in Eire.
Monetary particulars of the acquisition weren’t disclosed.
Established in 2008, Tailor-made Finance is among the many main unbiased medical health insurance brokers within the Irish market, producing gross written annual premiums final yr valued at €25 million. The corporate will proceed to service clients underneath its current title whereas main NFP’s healthcare and wellness proposition in Eire.
“Buying Tailor-made Finance’s boutique enterprise is critical for our progress in Eire, and I’m thrilled to welcome Jeremy and his crew to NFP,” commented Energy. “They’ve a wealth of expertise working with Irish and multinational firms and are regarded among the many finest healthcare advisors in Eire. Tailor-made Finance enhances our portfolio to ship the healthcare options our shoppers want.”
“We’re very excited to hitch NFP and consider our shared imaginative and prescient will assist drive wonderful outcomes for our clients,” mentioned Tucker. “NFP has a quickly rising enterprise in Eire and is an unimaginable useful resource for us to leverage internally and with our shoppers. I need to thank my crew for his or her large work and dedication, and our clients and companions for his or her help. We sit up for persevering with to create extraordinary worth collectively.”
This announcement marks NFP’s fifth acquisition within the nation throughout the previous two years, persevering with the corporate’s ongoing enlargement in Eire. NFP has additionally acquired HMP Insurance coverage and Pension Advisors, Aiken Insurance coverage Ltd., ReSure Company Brokers and Simon Shirley Advisors.
“I’m delighted to welcome Tailor-made Finance to NFP,” mentioned Matt Pawley, president, NFP in Europe. “We’ve got acquired a enterprise with an ideal status within the trade and in Eire. They are going to present invaluable perception into the medical health insurance market at a time when shoppers want extra experience and steering to realize their aims.”
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