NFP Corp., the New York City-based insurance broker and consultant, announced the acquisition of Johnson Fleming Group Ltd. and Johnson Fleming Future Life Planning Ltd. (together, Johnson Fleming).
The transaction closed on Jan. 17, 2020 for an undisclosed sum.
Johnson Fleming, based in Bromsgrove, U.K., is a pensions specialist and employee benefits and group risk adviser to employers and pension arrangement members. With a focus on three specialized areas – consultancy, administration, and engagement – the Johnson Fleming team works as an extension of a client’s internal team, creating programs that better position them to recruit, reward, and retain the best talent.
Simon Fletcher, CEO of Johnson Fleming, will report to Matt Pawley, NFP’s senior vice president, international benefits consulting. Johnson Fleming principals Iain Chadwick (consultancy director) and Tom Claridge (customer services director) will continue to lead their respective practice areas as part of the transaction.
“We are thrilled to welcome Johnson Fleming to the NFP family as we further expand our U.K. footprint,” said Pawley. “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.”
“Joining NFP, and gaining access to a new level of resources and support, is a great step for our organization and the companies we serve,” said Fletcher. “NFP will make us even more effective in helping employers enhance their competitiveness by designing attractive benefits and engagement programs for their employees. We appreciate the opportunity to work with Matt and his team and contribute to NFP’s growth shared client service focus,” he added.
Source: NFP Corp.
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