Accomplished swoop “one other instance of how we’re going additional, quicker”
Aon has efficiently finalized its buy of center market property & casualty dealer NFP from funds affiliated with Madison Dearborn Companions and HPS Funding Companions.
Chief govt Greg Case (pictured) known as April 25 “a historic day for our agency” as Aon welcomed NFP to the group. It was famous that, as an Aon firm, NFP will function as an “unbiased and linked” threat capital and human capital capabilities platform.
“With high-performing groups and main content material and functionality – additional enabled by our Aon Enterprise Providers working platform – we’ll create extra worth for our shoppers, whereas additionally enhancing long-term shareholder worth creation for buyers,” Case stated.
Snapping up NFP considerably boosts Aon’s footprint within the middle-market sector, incorporating over 7,700 professionals with experience in property & casualty brokerage, advantages consulting, wealth administration, and retirement plan advisory.
NFP will proceed its operations beneath the management of its CEO, Doug Hammond, who will report back to Aon president Eric Andersen.
“The concept of being ‘unbiased and linked’ is vital to how we’ll collaborate and create extra choices for shoppers throughout our threat capital and human capital capabilities,” Andersen famous.
“Doug and his workforce have constructed an distinctive client-centered enterprise, and we’re centered on utilizing our Aon Enterprise Providers platform to scale supply of latest capabilities to small and center market shoppers throughout Aon and NFP.”
For Hammond, the completion of NFP’s sale is the beginning of “an thrilling new chapter” within the dealer’s historical past.
“We sit up for the constructive influence that our complementary experience and capabilities can have on all stakeholders,” he commented. “Aon’s various assets and world attain improve our capacity to serve the dynamic threat, workforce, wealth administration, and retirement wants of our shoppers.
“We stay centered on each advancing a tradition colleagues wish to be a part of and dealing collectively to contribute to our collective development and success.”
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