New York insurance broker and consultant NFP has announced the acquisition of employee benefits service Johnson Fleming Group Limited and Johnson Fleming Future Life Planning Limited (Johnson Fleming).
The acquisition of Johnson Fleming, which was announced 20 April 2020, increases the presence of NFP in the UK. Johnson Fleming is already an established provider of pension, employee benefits and group risk advice, in the UK.
Simon Fletcher, chief executive at Johnson Fleming, will report to Matt Pawley, senior vice president at NFP. Iain Chadwick, principal and consultancy director at Johnson Fleming and Tom Claridge customer services director, will continue to lead their areas as part of the transaction.
Matt Pawley, senior vice president at NFP, said: “We are thrilled to welcome Johnson Fleming to the NFP family as we further expand our UK footprint. The team brings expertise, capabilities and relationships in the benefits and pension markets that will elevate our scale, and create new paths for growth. I look forward to their energy, insight and collaboration, all of which will bring additional value to our clients.”
Simon Fletcher, chief executive at Johnson Fleming, added: “Joining NFP and gaining access to a new level of resources and support is a great step for our organisation and the companies we serve.”
“NFP will make us even more effective in helping employers enhance its competitiveness by designing attractive benefits and engagement programs for its employees. We appreciate the opportunity to work with Matt and his team and contribute to NFP’s growth and client service focus.”