NFP Acquires ReSure; Continues to Grow in Ireland

NFP, a leading insurance broker and consultant providing property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced it has acquired Irish-owned ReSure Corporate Brokers, a specialist broker in commercial insurance. This latest announcement marks NFP’s third acquisition in Ireland within the past two years, having acquired local brokers HMP Insurance and Pension Advisors and Aiken Insurance Limited.

Established less than two years ago Dublin-based ReSure currently employs 14 people and is among the fastest-growing corporate insurance brokers in the Irish market, generating gross written premiums valued at more than €24m/$26.2m USD in 2021. Since its inception, the company has been focused on building and improving its specialist capabilities. This includes supporting complex risk positions such as restructuring, recycling, construction, domiciliary and financial lines, and other areas.

John Paul AllcockUK Ireland managing director at NFP, commented: “NFP always looks for quality over quantity and the market feedback about ReSure’s business, culture and management team was exemplary. We acquired a fantastic business with amazing clients and a team of highly skilled brokers and client managers. Most importantly, we are confident they will fit into the culture of NFP, which encourages independence, entrepreneurial spirit, ethicsAnd a focus on doing the right thing for employees and clients.”

ReSure’s directors, Aidan BradyRoss Barron and Garry FitzroyTheir extensive experience in both the local and global insurance broking worlds has allowed them to draw on that knowledge.  ReSure’s directors and entire team will continue their roles, and they will be fully engaged in growing the business.

“Our ambition at ReSure is to continue our incredible growth journey to scale the business and support our clients as they expand into new markets and sectors. In joining the NFP family, we also see great value in integrating our insurance solutions and services with NFP’s corporate benefits and wealth management clients.

I cannot let this moment pass without acknowledging the overwhelming support we have enjoyed from our loyal clients and our excitement in continuing our strong partnership for years to come,”  Aidan Brady, managing director at ReSure.

He added: “In NFP, we have found a like-minded partner with shared values that will help us accelerate and achieve this plan and help to create further opportunities for our talented team to continue to thrive and prosper.”

Commenting on the latest acquisition of NFP Matt Pawley, NFP’s managing director in Europe said: “We are delighted to welcome the ReSure team to the NFP family. They are an excellent fit for our business in terms of people, expertise, customer service and relationships.  We are certain they will be a significant contributor to the growth of our business. Ireland and across Europe as we continue to expand and seek new opportunities for growth, both organically and through further additional acquisitions.”

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