U.S. broker Brown & Brown Inc. has entered into an agreement to acquire Global Risk Partners (GRP) from its private equity owner Searchlight Capital Partners L.P. The acquisition, which is subject to regulatory approval, is expected to close in the …
Insurance intermediary Global Risk Partners announced a major investment into the firm from Searchlight Capital Partners, a global private investment firm. Founders Peter Cullum and David Margrett and founding investor Penta Capital will all retain minority stakes, alongside the broader …
Plum Underwriting, the London-based specialist home insurance managing general agent, announced the launch of cyber and data risks cover embedded within high net worth (HNW) and mid net worth (MNW) home insurance products in the UK. Plum’s Home Cyber covers …
Global Risk Partners Ltd. (GRP) has acquired the commercial and personal insurance broker BB Insure, which has offices in the UK cities of Boston and Skegness. BB Insure’s management team will continue to lead the business and Rob Brooks, managing …
Global Risk Partners Ltd. (GRP), the insurance broking and managing general agent investment vehicle, has completed its acquisition of Cavendish Munro Professional Risks Ltd., the specialist retail broker. Cavendish Munro is a London-based professional indemnity (PI) specialist, focused primarily on …
Ropner Insurance Services Ltd., the Lloyd’s and London market broker, has appointed six new brokers as part of its ongoing expansion, following the Global Risk Partners Ltd.-backed management buyout last year: Gary Watson and Stewart Alliston have joined the international …
Global Risk Partners Ltd., the insurance broking and managing general agency (MGA) investment vehicle, has completed its backing of the management buyout of LONMAR Global Risks, the London-based specialist Lloyd’s broker. Originally announced last month, the transaction was subject to …
Global Risk Partners Ltd. (GRP), the London-based insurance broking and managing general agent investment vehicle, has completed its second transaction in Northern Ireland by funding the acquisition of broker McGrady Ltd. by Abbey Bond Lovis Ltd. (ABL), a GRP subsidiary. …
Global Risk Partners, the acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management buyout of LONMAR Global Risks, the specialist Lloyd’s broker. The transaction is subject to regulatory approval. LONMAR’s management team, led …
Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been appointed as the electronic trading director of Plum …
