NFP takes over Get Medical Plans
Financial services provider NFP has announced its acquisition of Get Medical Plans, a London-based private medical insurance intermediary
The company will allow NFP to bolster its employee benefits capabilities, particularly in the private medical insurance market.
“Adding the expertise of the Get Medical Plans team and the solutions available through their platform will help NFP better support our clients and grow our presence in the rapidly expanding independent medical insurance market,” explained Iain Chadwick, NFP’s Managing Director of Employee Benefits in Europe.
Following the takeover, Get Medical Plans will continue to be managed by its founders, Marc Benjamin and Sanjeev Mallipeddi.
The pair jointly stated: “We are delighted to join NFP, especially as the company continues to expand in the UK.”
They added that the acquisition would allow Get Medical Plans to “access the resources and range of services within a global organisation, while also giving us the ability to reach new customers”.
The news follows NFP’s previous acquisition of Resolute Insurance Services, another UK-based insurance broker, in October of last year.