‘We haven’t got this cookie cutter way’ when it comes to M&A – NFP

cookie cut stars

Rather than implementing a plug and play model following acquisitions, NFP aims to give new business buys accountability and responsibility, says UK and Ireland chief executive

Although some firms within the UK insurance market utilise ”a plug and play model” when it comes to their M&A strategy, seeking to ”generate extra commission, revenue and cut costs” through ready-made propositions, Birmingham-headquartered property, casualty and employee benefits broker NFP instead prefers to nurture a culture of accountability and responsibility to give newly bought businesses autonomy, according to its UK and Ireland managing director Matt Pawley.

Read more…

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

Register now

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Top level access to our Five Star service ratings across our annual Personal Lines, Commercial Lines, eTrading and MGA reports.
  • A choice of daily and weekly email newsletters that suit you, to keep informed of news across the industry directly to your inbox.

As a subscriber you will benefit from unlimited access to our news and news analysis, magazine editions, special supplements, exclusive research reports and full access to the Five Star service rating microsites - view subscription options.