NFP, a subsidiary of Aon, has acquired US-based risk management firm Moores Insurance.
NFP, an Aon company and a property and casualty (P&C) broker and benefits consultant, has acquired Moores Insurance Management, a multi-line risk management firm based in Minnesota, USA. Established in 1987, Moores provides P&C services to ultra-high-net-worth individuals and businesses across 43 states nationwide. The terms of the transaction were not disclosed. This acquisition continues NFP's recent series of acquisitions, including the retail cannabis insurance business of Frontier Risk Group last month and certain assets of Signature Personal Insurance in June. NFP's parent company, Aon, also agreed last month to acquire insurance broker USI for $17 billion.
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