NFP acquires Bspoke Insurance Group

NFP , an Aon company, announced its acquisition of Leeds-based Bspoke Insurance Group , a platform of multi-class niche and specialist managing general agents, managing general underwriter and specialist insurance distributors. Bspoke has offices in Shropshire, Gloucestershire, Essex, Liverpool and London.

NFP and Bspoke will operate independently, with the Bspoke management team reporting into Matt Pawley, President of NFP Europe. All Bspoke businesses will continue to operate under their existing brands.

Bspoke was formed in 2022 from the merger of Precision Partnership Limited and UK General Insurance Group. It offers coverage across sectors like property, lifestyle, high-net-worth, and transportation, with flexible options for brokers and partners.

“I’m excited to welcome the talented team at Bspoke to NFP. With their industry experience, diverse range of specialist solutions and customer-centric approach, they’ve driven exceptional growth and client-retention. The Bspoke team will strengthen our existing suite of insurance solutions while expanding our technical underwriting expertise and specialist product knowledge.” – Pawley.

“NFP offers Bspoke a fantastic opportunity to build on the platform we have developed over the past two years. With NFP’s support, we can drive strong organic growth, attract top talent and pursue further acquisition opportunities to sustain Bspoke as a leading niche and specialist player with a relentless focus on meeting dynamic client needs.” – Tim Smyth, founder of Bspoke.