M/24/003 – Aon/NFP
Transaction details
The proposed acquisition of sole control of NFP Intermediate Holdings A Corp. by Randolph Acquisition Corp., a wholly-owned indirect subsidiary of Aon plc, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday January 22, 2024 | Friday, March 1, 2024 |
| Parties Involved | Business activities |
|---|---|
| Aon plc | Aon plc ("Aon") is a global professional services firm providing a range of risk, health, and wealth solutions. The group provides professional services, products and solutions through four principal products and services: Commercial Risk Solutions, Reinsurance Solutions, Health Solutions, and Wealth Solutions. In the State, Aon is active in the provision of Commercial Risk Solutions (which includes the brokerage and wholesale distribution of insurance products), Health Solutions, Retirement Solutions, Assessment Solutions and Data & Analytic Services. |
| NFP | NFP (comprising NFP Ultimate Holdings, LLC and its direct and indirect subsidiaries) is a global insurance broker and consultant active in the provision of specialised property and casualty insurance products, and services related to benefits, wealth management and retirement planning. In the State, NFP is active as a broker of insurance products, the wholesale distribution of insurance policies, and various ancillary services, including wealth management services, employee benefits services, mortgage support services to private individuals, and HR consultancy services. |
| Economic sector | Media merger |
|---|---|
| Insurance | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, February 2, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Louis O'Carroll | louisocarroll@ccpc.ie |
Media enquiries: communications@ccpc.ie
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