Specialist Risk Group Acquires UK-Based Broker Superian Insurance Group

Specialist Risk Group (SRG), the UK specialist insurance intermediary, announced the acquisition of London-based independent insurance broker Superian Insurance Group.

The acquisition strengthens SRG’s ability to deliver specialist solutions to clients operating in increasingly complex and evolving risk environments, while expanding its presence across key international markets.

Financial details of the transaction were not disclosed.

Founded in 2011 by Noah Jamal, Superian has built a strong reputation in the medical and healthcare sectors, with particular expertise in medical malpractice, healthcare liability and professional indemnity.

Having grown from a regional broker into an internationally recognized specialty intermediary, Superian enters its next phase of growth with a strong healthcare proposition led by Dr. Edwin Rajadurai, group managing director and global head of Healthcare.

The partnership with SRG will provide a platform to further expand the business’s healthcare capabilities across the Middle East and APAC regions.

Superian operates across the value chain as a wholesaler, retailer and managing general agent (MGA), providing clients with flexible access to specialist insurance capacity. The business has developed into a leading specialty platform, offering services including one-off risk placements, binding authority arrangements, in-house MGA capabilities, reinsurance solutions and London market support services.

“Superian Insurance Group is an entrepreneurial, founder led business that has grown rapidly into a highly respected global intermediary. Its strong position in the medical and healthcare sectors, combined with its multi-channel distribution model, makes it a highly complementary addition to SRG,” commented Lee Anderson, deputy group CEO at Specialist Risk Group in a statement.

“Joining Specialist Risk Group represents an exciting next chapter for Superian. We have built a business focused on delivering specialist expertise and high-quality solutions to our clients, and SRG provides the ideal platform to accelerate that growth,” according to Noah Jamal, founder & CEO of Superian Insurance Group.

“With access to broader capabilities, international reach and shared entrepreneurial values, we look forward to expanding our offering and continuing to deliver for our clients and partners,” Jamal added.

London-based SRG employs more than 1,600 colleagues across seven countries, handling over £2 billion in annual premiums.

Source: Specialist Risk Group (SRG)

Topics Mergers & Acquisitions Agencies