GRP moves into health insurance sector with new deal

Deal

Towcester-based broker Premier Choice Healthcare becomes consolidator's healthcare hub.

Global Risk Partners (GRP) has bought healthcare broker Premier Choice Healthcare (PCH) for an undisclosed sum.

This is GRP’s first deal since Searchlight took a majority stake in the group earlier this month and sees the business expand into the health insurance sector.

Following completion PCH will become GRP’s healthcare hub and Stephen Ross, head of M&A at GRP, stated that the consolidator is now looking to buy more healthcare businesses and portfolios.

Opportunity
He added: “We believe

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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