Global Risk Partners (GRP)
Since launch in 2013 Global Risk Partners has grown to employ 2000 staff who control or influence over £1.8bn premium. The group comprises a retail division of specialist and community insurance brokers operating from over 100 offices around the UK and Ireland, focused on delivering an expert, personal service to their clients alongside Lloyd’s and London market brokers Lonmar and Ropner. In July 2022, US broker Brown & Brown acquired GRP.
GRP features in the Insurance Age Top 75 UK Brokers listing, and the Insurance Age Top 100 Insurance Brokers 2021 listing. Find out what other companies made the cut.
Wiser Academy partners with GRP
Wiser Academy has partnered with Global Risk Partners to boost graduate development.
MGAs rising up GRP’s buying plans
The takeover of Global Risk Partners by Brown & Brown has enhanced GRP’s ability to buy managing general agents as well as strengthening the pipeline for deals with brokers that did not want to be under private equity ownership, according to CEO Mike…
GRP-owned Newstead promotes Sarah Giles to managing director
Newstead Insurance Brokers has named Sarah Giles as managing director as part of a leadership restructure.
GRP achieves deal century with Woodward Markwell Insurance Brokers buy
Global Risk Partners has reached its 100th deal and purchased the GI book of Ipswich-based Woodward Markwell Insurance Brokers for an undisclosed sum.
GRP-owned Newstead buys Crendon Insurance Brokers
Birmingham-headquartered Newstead Insurance has purchased local commercial competitor Crendon Insurance Brokers.
GRP strikes first deal after Brown & Brown takeover
Global Risk Partners has bought Maidstone-based First Insurance Solutions in its first deal since the takeover by Brown & Brown completed earlier this month.
News analysis: The future for Directors’ & Officers’ cover
Martin Friel explores how this niche line is developing, and learns how factors such as Russian sanctions are driving change in the highly specialist market.
Brown & Brown completes GRP takeover
US-headquartered Brown & Brown has completed the takeover of consolidator Global Risk Partners.
Claims experts urge brokers to be more transparent and interactive with clients
A panel of claims experts at the Managing General Agents’ Association conference 2022 has called on brokers to be more transparent and interactive with clients.
GRP expands in Wales with Prescott Jones buy
Global Risk Partners has bought Swansea-based Prescott Jones for an undisclosed sum.
County Group buys Taylor Francis
GRP-owned County Group has bought the business and assets of Taylor Francis in its fourth deal of the year.
GRP-owned Marshall Wooldridge buys Bush & Associates
Global Risk Partners’ Marshall Wooldridge has bought Insurefirst which trades as Bush & Associates.
GRP-owned DCJ buys SM Commercial
DCJ Group, part of Global Risk Partners, has acquired 100% of the share capital of SM Commercial Insurance Brokers.
People Moves: 16 - 20 May 2022
Keep up-to-date with the latest job changes in insurance.
County Group make third deal of the year with Marsh and Co
County Group, which is part of GRP, has purchased broker Marsh and Co, and its MGA, Ginger Markets, for an undisclosed sum.
GRP buys Durham-based Castle Insurance Services
Global Risk Partners has bought 100% of the share capital of Castle Insurance Services as the consolidator targets growing its presence in the North East.
Dave Clapp sets £250m three-year target for MVP and Ataraxia
Dave Clapp, CEO of Minority Venture Partners and Ataraxia, has unveiled a £250m gross written premium target for the broker investment group over the next three years.
Analysis: Network knowledge is key to opening the door to new start-ups
The network sector is in upbeat mood confident of growing with existing and new members as well as being keen to help new start-ups come into the insurance market, the leaders tell Emmanuel Kenning
The Irish broker market: Consolidation and compliance
David Worsfold visits the Emerald Isle to learn more about how the broker market is developing and asks if the next wave of consolidation will be an Irish one
GRP’s County Group buys again in Wales
Global Risk Partners-owned County Group has bought 100% of the share capital of Archenfield Insurance Management in Wales.
Clive Galbraith steps down as chair of Green Insurance
Clive Galbraith has stepped down as chairman of Green Insurance Group but will be staying on with the broker on a part-time basis, Insurance Age can reveal.
Analysis: The Yanks are coming
US-broker Brown & Brown has firmly stuck its flagpole into UK soil by buying GRP. David Worsfold considers what this means for the wider sector and asks if more US-firms will stake their claim on the consolidators.
Brown & Brown reveals £1.48bn price tag for GRP
The deal with US-broker Brown & Brown will see Searchlight, Penta and founders Cullum and Margrett exit as investors.
Brown & Brown takeover of GRP will open up shareholder opportunities for staff
New owner says GRP has found its forever home and will back further acquisitions.