US-headquartered property & casualty brokerage NFP has acquired The Cronin Insurance Consultancy Limited (Cronin) in Birmingham as part of the group’s further expansion in Britain.
“We are truly excited to join the NFP family and look forward to integrating our clients into the greater organisation,” Darren Cronin, owner and managing director of the commercial insurance broker, said in a release.
“This is a win-win for all Cronin stakeholders, especially our clients, who will benefit from the wide array of NFP’s solutions and services that can help them address ancillary needs around human capital, wealth, and retirement.”
Under the deal, Cronin and his entire team will become NFP colleagues.
NFP Europe MD John Paul Allcock commented: “We are passionate about adding like-minded commercial insurance brokers to our roster, especially ones like Cronin who understand the industry and client needs.
“With an experienced team and a dedicated, well-respected leader in Darren, Cronin will be a valuable member of the NFP family. We look forward to providing their clients with our integrated solutions, while expanding our commercial offerings throughout the UK.”
In April, NFP snapped up Gravity Risk Services, also in the West Midlands.
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