GRP’s Cavendish Munro buys PI broker

Deal

Cavendish Munro has bought Eastbourne-based Professional Insurance Agents (PIA) for an undisclosed sum.

Cavendish Munro was itself purchased by Global Risk Partners (GRP) in 2016. It is the first acquisition for the business since joining the GRP stable.

Management
PIA staff including current CEO, Graham Hearsey, and other directors, Karler Mears and Lynn Hearsey who founded the business over 20 years ago, will retire from PIA once the deal is completed. Fellow directors Ellie Hearsey and

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