Specialist Risk Group (SRG) News

Specialist Risk Group Launches MGA Called MX Underwriting

Specialist Risk Group (SRG) announced the launch of MX Underwriting. Led by Lee Anderson, SRG deputy CEO, and James Gerry, MX chairman, MX aim to be a £100 million gross written premium business within its first year of trading. Since …

People Moves: Howden’s Rahmita Price to Ed Asia; 3 Price Forbes Hires; WTW’s Pires to NFP; Tres to Carpenter; PwC’s Eastman to Specialist Risk Group

This wrap-up of international People Moves details recent appointments at Ed Broking, Price Forbes, NFP, Guy Carpenter & Co., and Specialist Risk Group (SRG). A summary of these new hires follows here. Ed, the London-based reinsurance, wholesale and specialty broker, …

Specialist Risk Group Buys Dublin-Based MGA, Blackrock Insurance Solutions

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of specialist Irish liability and property managing general agent (MGA), Blackrock Insurance Solutions. Financial details of the acquisition were not disclosed. SRG said this acquisition further demonstrates its commitment …

Towergate Buys AFL Retail Team, Following a Separate AFL Team Move Last Week

Towergate Insurance Brokers announced it has exchanged contracts to purchase the corporate retail book of business from AFL Insurance Brokers, which includes a team of 13. This deal comes on the heels of last week’s announcement that a team of …

UK Broker Specialist Risk Group Lures Team of 16 from AFL, Led by Ex-AFL CEO Bines

Specialist Risk Group, a London-based insurance broker, have hired a team of 16 from AFL Insurance Brokers, led by Jonathan Bines, AFL’s former CEO. SRG said this announcement marks its first London market team hire of the year and is …

UK Broker, Specialist Risk Group, Acquires MGA CLS Risk Solutions

Specialist Risk Group (SRG), a London-based insurance broker, has agreed to acquire CLS Risk Solutions (CLS RS), subject to regulatory approval. Financial details of the acquisition — its fourth so far this year — were not disclosed. Established in 2010, …

UK Broker Specialist Risk Group Buys Trade Credit Specialist, The Channel Partnership

Specialist Risk Group (SRG), a London-based specialist insurance broker, has announced the acquisition of a UK trade credit specialist, The Channel Partnership. Financial details of the deal were not disclosed. The Channel Partnership, founded in 1992, provides clients with expert …

UK Broker Specialist Risk Group Acquires KBIS British Equestrian Insurance

Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has acquired KBIS British Equestrian Insurance, a well-established broker within the equestrian market. Financial details of the transaction were not disclosed. Purchased by Guy and Liz Prest in 1991, …

UK Broker, Specialist Risk Group, to Be Acquired by Private Equity Firm HGGC

Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has signed a definitive agreement to be acquired by middle-market private equity firm HGGC. SRG’s management team will invest alongside HGGC and continue to hold a significant stake in …