Commercial insurance specialist Ernest R. Shaw Limited (ER Shaw) is now owned by international insurance brokerage NFP Corp.
Without disclosing financial details of the already completed transaction, NFP said acquiring the Birmingham business is part of its ongoing European expansion. Aside from its more than 260 offices in the US, the group has over 40 sites spread across the UK, Ireland, Canada, and Puerto Rico.
“I’m excited to welcome the ER Shaw team to NFP,” said John Paul Allcock, managing director of property and casualty at NFP who is based in the company’s location in Birmingham.
“They are a broker that I’ve known and respected for many years, primarily for their dedication to providing fantastic service while consistently delivering customised solutions that align with the unique needs of their clients. Their values are also a great fit within NFP, which will drive the collaboration that is critical to our continued growth and success.”
ER Shaw, which came to life in 1905 and serves clients in England’s Midlands region, will be rebranded as NFP after a period of integration. The deal will also see principals Peter Miller and Graham Meacher come onboard the wider group.
“We’re thrilled to join NFP, be part of their growth in the European market, and access the resources and expertise that will benefit our clients,” commented Miller. “We pride ourselves on providing tailored solutions for our clients, so joining NFP gives us access to more products and capabilities to better serve our clients.”