GRP lining up deals with £200m of new funding

Bag of money

Chief operating officer Stephen Ross explains losses for 2017.

Global Risk Partners chief operating officer Stephen Ross has said the company is “pleased” with how it has grown over the past year, following GRP’s latest trading update for 2017.

The company reported increases in Ebitda and gross written premium (GWP) for the year and Ross highlighted that the results were driven by both organic and acquisitive growth.

“We’ve made twelve acquisitions in 2017 including some significant hub businesses, being Marshall Wooldridge and Higos and Greens and then

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

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