Crowe advises US-based insurance broker NFP on acquisition of health and safety insurance consultancy SeaChange Ltd

Crowe advises US-based insurance broker NFP on acquisition of health and safety insurance consultancy SeaChange Ltd

07/11/2023
Crowe advises US-based insurance broker NFP on acquisition of health and safety insurance consultancy SeaChange Ltd

Crowe was delighted to assist New York-based insurance broker and consultancy NFP with tax due diligence support services in their recent acquisition of leading Irish health and safety consultancy SeaChange Ltd.

Speaking on the acquisition, Matt Pawley, president, NFP in Europe, said "Acquiring SeaChange provides an exciting opportunity to support our clients in new ways, offering them access to an in-house health and safety consultancy as another way to mitigate overall business risk. This strategic move gives NFP another competitive edge and an exciting progression into health and safety consulting in Ireland."

NFP is a leading property and casualty broker in North America and Europe with over 8,000 global employees that provides solutions through its licensed subsidiaries and affiliates. The European office of NFP focuses on business and people risk solutions across commercial insurance, health and safety consultancy, employee benefits, human resources, private and personal solutions, and wealth management. The Irish business of NFP employs 25 people.

SeaChange Ltd, founded in 2005 by Ger Cummins as a family-run business, is a health and safety consultancy based in Kildare that provides over 300 clients across Ireland, Europe and the United States with transformative safety management solutions, engaging the workforce in preventing incidents and achieving a positive, sustainable safety culture.

In 2022, Crowe advised NFP on their acquisition of Tailored Finance Limited.

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Naoise Cosgrove, Managing partner - Crowe Ireland
Naoise Cosgrove
Managing Partner
Corporate Finance
Partner, Corporate Recovery - Crowe Ireland
Aiden Murphy
Partner
Corporate Recovery
Gerard O'Reilly, Partner, Audit - Crowe Ireland
Gerard O'Reilly
Partner, Audit