NFP, a leading insurance broker and consultant that provides employee benefits, commercial insurance and wealth management solutions, today announced the acquisition of HMP Insurance & Pension Advisors Limited (HMP). NFP serves clients through more than 260 offices across the United States and 45 international offices across the UK, Puerto Rico and Canada. With the addition of HMP, NFP further expands its reach in Europe and establishes a presence in the growing Irish market.
HMP, based in Dublin, Ireland, provides employee benefits, pension and group risk advice to corporate and individual clients. Formed in 2006, the firm is a recognised leader in designing, communicating, implementing and managing tailored pension and benefit programs for clients based in Ireland, Irish-expats, and international corporations with operations in Ireland. David Moore, director of private client services, and Colm Power, director of employee benefits, will stay with NFP and report to Matt Pawley, senior vice president, international benefits consulting.
“Welcoming HMP is an important development for NFP’s international business and complements our continued investment in the UK. We also believe that investing in Ireland is strategically important as we continue to plan for the impact of Brexit on clients and our ability to serve them,” said Matt Pawley. “David, Colm and the entire HMP team give us a strong presence in Ireland, expertise in key businesses, and a tremendous foundation for growth. I look forward to their contributions as we further refine our benefit and pension capabilities, and advance our ability to serve the dynamic needs of our clients.”
“Joining NFP gives us access to resources and support that will help us deliver even more value to businesses and individuals,” said Colm Power. “We’ve worked hard to create solutions and services that help clients meet their goals and as part of NFP, we will be better positioned to deepen relationships and cultivate new ones. We are excited to be active participants in a growing and innovative company that cares deeply about its employees and clients.”
NFP is a leading insurance broker and consultant providing specialised commercial insurance, in-country and global employee benefits, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of more than 6,000 employees in the UK, Ireland and across the globe. Our professionals support diverse client needs through investments in innovative technologies and enduring relationships with highly rated insurers, vendors and financial institutions. NFP is the 5th largest benefits broker by global revenue (Business Insurance), 10th largest property and casualty agency (Insurance Journal) and 12th largest global insurance broker (Best's Review).
Visit nfp.co.uk to discover how NFP empowers clients to meet their goals.