Marsh sells part of HSBC business to R K Harrison
R K Harrison has acquired a portfolio of four businesses from Marsh UK.
The businesses all come within Gibbs Hartley Cooper (GHC), which became part of Marsh in 2010 following the broker’s acquisition of HSBC Insurance Brokers.
The businesses being sold are GHC’s specie and cargo practices and most of its North America property and casualty and accident, health and contingency practices.
GHC recently decided to focus as a portfolio-centric broker providing London wholesale services to third parties and Marsh’s UK businesses, managing underwriting services platforms
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