NFP buys UK brokerage

NFP Corp. said Wednesday it has acquired Gravity Risk Services Ltd., a brokerage based in Stourbridge, England.

Terms of the transaction were not disclosed.

Gravity’s risk services business will be combined with NFP’s existing commercial insurance, employee benefits and human resources offerings.

Gravity’s 19 staff, and Dale Collett, founder and director, will become part of NFP.

Gravity places coverage for a range of industries, including manufacturing, engineering, motor trade, construction, professional services and charities and has an office in Leicester, England, in addition to Stourbridge.