NFP buys belongings of worker advantages brokerage AnchorGroup


Property and casualty dealer NFP, a unit of Aon, has acquired sure belongings of EBA Providers, doing enterprise as AnchorGroup.  

Based mostly in New York, AnchorGroup is a brokerage and consultancy specialising in worker advantages. 

Monetary particulars of the transaction stay undisclosed. 

Based in 1971, AnchorGroup gives group worker advantages options to small and mid-market purchasers in New York.  

The corporate, below the management of the Hutchings household, has been recognized for its quantitative strategy to tailoring protection and plans for its purchasers. 

It’s affiliated with Advantages Companions, one of many member organisations of NFP and a nationwide company advantages producer group. 

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The acquisition consists of the switch of Kiehl Hutchings from AnchorGroup to NFP. 

Hutchings will assume the function of Advantages vice-president and report back to NFP Advantages senior vice-president Kelly Smith.  

Hutchings mentioned: “My household has an extended historical past of serving companies throughout New York State, and NFP’s numerous portfolio of experience, capabilities and options will permit us to higher help the wants of small and mid-size companies right here. As a member of Advantages Companions, I’ve seen NFP’s values and influence first hand, and I’m wanting ahead to the subsequent part of our NFP connection.” 

NFP Northeast president Kate Henry mentioned: “This addition strengthens our presence in upstate New York, particularly within the larger Syracuse space, with an skilled staff of group advantages professionals. By AnchorGroup’s choices and purchasers, we are going to construct on our already strong capabilities and develop our connections to employers within the space.” 

Earlier this month, NFP introduced the acquisition of HC Monetary, an Irish monetary planning and company worker advantages advisory enterprise. 


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