Five more deals in due diligence post Higos buy, says GRP’s Mike Bruce

Mike Bruce Bluefin

CEO for broking states two further “regional hubs” could be confirmed next month.

Mike Bruce, CEO for broking at Global Risk Partners (GRP) has hailed the purchase of Higos as the "biggest retail broker deal from a GWP perspective" that the consolidator has ever done.

The acquisition brings in £50m of gross written premium taking GRP's figure to £470m as it targets £1bn by 2018-19.

The deal will also help with GRP's further purchasing plans according to Bruce.

"When you buy people of Marshall Wooldridge and Higos' quality it grabs people's attention," Bruce told Insurance Age

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