Movo exits GRP’s Hedron network

Exit sign

MD Lea Cheesbrough said the franchise, which also has its own network, wanted to focus on independence.

The Movo Partnership has terminated its relationship with Hedron, which is the network run by Global Risk Partners, Insurance Age has learned.

Managing director, Lea Cheesbrough, commented: “We wanted to step away from the connection to private equity. With all the M&A in the sector, we want ‘independence’ to still be a word in broking in five years’ time.”

Movo was originally part of the Bluefin Network, which was later acquired by Marsh. It became part of the GRP stable when the broker

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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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