NFP buys Johnson Fleming Group to expand its footprint in the U.K.
Category: #business  By Mateen Dalal  Date: 2020-04-21
  • share
  • Twitter
  • Facebook
  • LinkedIn

NFP buys Johnson Fleming Group to expand its footprint in the U.K.

 

  • NFP aims at introducing expertise and advancements in the U.K. benefits and pension market
  • The acquisition will enhance employer competitiveness by designing engagement programs

New York-based insurance broker NFP recently announced the purchase of U.K. headquartered Johnson Fleming Future Life Planning Ltd. and Johnson Fleming Group Limited in a deal which closed on January 17, 2020.

Reportedly, Johnson Fleming is an employee benefits and pension specialist and risk adviser to the employers and people who are entitled to pensions. The company primarily lays its focus on three main areas i.e. arrangement, consultancy, and engagement.

Apparently, the Johnson Fleming Team works as an extension to its client’s internal team, designing programs that position them to recruit, appreciate and retain the best talent within the firm.

For the record, Simon Fletcher- the Chief Executive Officer at Johnson Fleming will directly report to the senior vice president, international benefits consulting division at NFP- Matt Pawley.

According to Matt Pawley, the company is expanding its footprint across the U.K. and aims at bringing expertise and advancements in the benefits and pension market which will enhance the offerings of NFP and design new growth patterns.  

Simon Fletcher, CEO, Johnson Fleming was reportedly quoted saying that with the transaction, Johnson Fleming will be exposed to advanced resources and support. NFP will help in improving the employer competitiveness by creating attractive benefits and engagement programs.

Incorporated in the year 1998, NFP is a prominent name in insurance broking and consultancy, providing specialized casualty and property, retirement and individual solutions as well as corporate benefits with the help of its licensed subsidiaries.

The company achieves client success through the expertise of more than 5,600 global employees, investments in advanced technologies and building relationships with financial institutions, insurers, and vendors.

NFP is regarded as the fifth largest benefits broker in terms of revenue, sixth largest American privately owned broker and eighth most suitable place to work in the field of insurance, tenth largest casualty and property agency and the thirteenth biggest global insurance broker.  

 

Source Credits: https://www.nfp.com/about-us/news-perspectives/press-release-details/johnson-fleming

About Author

Mateen Dalal    

Mateen Dalal

Despite working as a professional testing engineer, Mateen Dalal always held a liking for content creation. Following his passion, he now pens down articles for itresearchbrief.com and a couple of similar portals. Mateen is a qualified electronics and telecommunicat...

Read More>>

More News By Mateen Dalal

Tech giant IBM partners with Japanese industry on quantum computing
Tech giant IBM partners with Japanese industry on quantum computing
By Mateen Dalal

International Business Machines Corp, the U.S. tech firm has announced its partnership with Japanese...

Repare Therapeutics doses first patient in Phase 1/2 trial of RP-3500
Repare Therapeutics doses first patient in Phase 1/2 trial of RP-3500
By Mateen Dalal

This trial will evaluate RP-3500 both as a monotherapy and in combination with talazoparib, Pfizer&r...

LGM Pharma acquires Nexgen’s formulations development business
LGM Pharma acquires Nexgen’s formulations development business
By Mateen Dalal

LGM Pharma, an innovation-driven API, and procurement specialist has reportedly announced that it ha...