NFP buys British brokerage ER Shaw

NFP Corp. acquired British broker Ernest R. Shaw Ltd. on Sept. 1, in a deal that expands its footprint in the European market, NFP said in a statement Monday.

Terms of the deal were not disclosed.

Based in Birmingham, United Kingdom, and founded in 1905, ER Shaw is a property/casualty broker that provides niche coverages to a variety of clients, NFP said.

Principals Peter Miller and Graham Meacher will join NFP and report to John Paul Allcock, managing director of property/casualty at NFP who is based in NFP’s Birmingham office, the statement said.

ER Shaw has 26 staff all of whom have joined NFP and they will all continue to be based in Birmingham at NFP’s UK and Ireland headquarters, a spokeswoman said in an email.

As part of the deal, ER Shaw will rebrand as NFP after a period of integration, NFP said.