ReSure Corporate Brokers, which commenced trading in mid-2019, has been acquired by NFP.

The ReSure operating company was incorporated in 1998 and traded as Donegal Mortgage and Investment Company until Aidan Brady, Ross Barron and Garry Fitzroy took over the broker and changed its focus to corporate insurance.

According to NFP, ReSure has a niche focus on risk insurance for restructuring, insolvency, recycling, real estate and domiciliary homecare.

NFP says that ReSure generated gross written premiums of c.€24m in 2021 with projections to grow this to €30m in 2022.

The deal is NFP’s third acquisition in Ireland in the past two years, having previously purchased HMP Insurance and Pension Advisors and Aiken Insurance.

In Association with

Brady, Barron and Fitzroy and the rest of the ReSure team will continue in their roles.

Aidan Brady commented: “Our ambition at ReSure is to continue our incredible growth journey to scale the business and support our clients as they expand into new markets and sectors.

“In joining the NFP family, we also see great value in integrating our insurance solutions and services with NFP’s corporate benefits and wealth management clients.

“In NFP, we have found a likeminded partner with shared values that will help us accelerate and achieve this plan and help to create further opportunities for our talented team to continue to thrive and prosper.” 

Matt Pawley, NFP’s managing director in Europe, said: “NFP is a great fit in terms of people, expertise and attention to customer service and relationships. We are very confident they will make significant contributions that elevate our business further in Ireland and across Europe as we continue to expand and seek new opportunities for growth, both organically and through additional smart acquisitions.”

NFP is a US insurance broker and consultant with 6,000 employees. It is the fifth largest benefits broker by global revenue and ninth largest commercial lines agency by P&C commercial lines revenue.

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