Global Risk Partners (GRP)
Merry Christmas from Post
Infopro Digital's offices are now closed until Wednesday 2 January 2018 for the festive period. We would like to take this opportunity to wish you all a very Merry Christmas and a Happy New Year from the Post team.
Loss-making GRP spent £112.6m on acquisitions over its last financial year
Broking group GRP made a loss of £20m for the financial year ended 31 March 2018, in a year that saw it acquire fifteen businesses.
Mike Bruce promoted to GRP group managing director
GRP CEO of broking, Mike Bruce has been promoted to group managing director.
Marsh boss joins GRP-backed Marshall Wooldridge
Former Marsh regional boss Geoff Kirk has joined GRP-backed Marshall Wooldridge as managing director.
GRP’s Craig Pocock on SMCR
GRP’s chief people officer Craig Pocock explains why it’s important for brokers to plan for the new Senior Managers and Certification Regime.
GRP to add two more regional ‘hubs’ next year
GRP is on the hunt for two more large regional brokers to act as hubs in Essex and the Midlands, respectively.
GRP’s County Group acquires third broker of the year
Swansea-based Douglas Insurance has been acquired by County Group.
County Group expects to close more deals after swooping for Derby-based broker
The County Group has made its second acquisition of the year, having acquired Derby-based broker Rahon Insurance.
GRP scoops up U-Sure in 10th acquisition of the year
GRP has acquired Lloyd’s coverholder U-Sure Insurance Services for an undisclosed sum.
Tasker swoops on GRP for new COO
Tasker Insurance Group has named Graeme Lalley as chief operating officer for the Group.
This week in Post: Washouts and windfalls
When you head off to an outdoor festival following a heatwave, you cross your fingers and hope the sun sticks around. Unfortunately it seems like the recent tropical spate has done a runner and I spent last weekend trying not to roll down a hill while up…
Northern Irish hub acquisition pushes GRP’s GWP over £700m
GRP hub Abbey Bond Lovis has acquired a majority share in Northern Irish broker Digney Grant for an undisclosed sum.
Aviva: 'Millions of pounds' of personal lines business to go through Fast Trade this year
Aviva anticipates placing millions of pounds of personal lines business through Fast Trade by the end of the year, according to managing director of UK general insurance Rob Townend and managing director of intermediaries Phil Bayles.
Bayles: Aviva ‘bullish’ on brokers despite GRP rift
Aviva sees growth across every broker segment despite fall out with GRP, Aviva managing director for intermediaries Phil Bayles has confirmed.
GRP-backed brokers Lonmar and Ropner to merge
Lloyd’s brokers Lonmar and Ropner will merge at the end of the month under the Lonmar brand.
Latest GRP broker will seek acquisitive growth
GRP has acquired a majority stake in DCJ Group Insurance and Risk Management, for an undisclosed sum.
Primary and Arch back Q3 launch of McNamee's insurtech C-Quence
Insurance investment vehicle Primary Group has today been revealed as the backer for the new digital-enabled managing general agent to be launched by former AIG UK CEO Jacqueline McNamee in autumn this year.
County Group acquires first broker following GRP takeover
GRP-backed County Group has acquired a Wigan-based commercial broker as part of a plan to double its size.
This month in Post: Prizes, proposals and pledges
This month began with a bang as the annual British Insurance Awards highlighted the talent in the sector in 1950s style, with industry stalwart John O’Roarke being handed the Achievement Award.
Analysis: Commission costs and conflicts
Aviva and GRP’s split rekindles the consolidator commission debate
Axa and Allianz strike latest GRP broker deals
Axa has taken on the agency for the commercial combined and fleet business portfolios for GRP’s ‘south-eastern hub’ Green Insurance Group (Greens), while Allianz has made a bespoke agreement with GRP’s Sagar, McGrady’s and Abbey Bond Lovis to take on…
GRP's Mike Bruce on win-win consolidation
Mergers and acquisitions take many shapes in the UK retail broking market, writes Mike Bruce, CEO broking at Global Risk Partners, noting some deals can actually support an owner's entrepreneurial spirit.
Allianz replaces Aviva capacity for GRP-backed Higos
Allianz will provide capacity for Higos’ SME business, following Aviva’s decision to cancel agencies with all GRP-backed brokers.
Aviva ends agency with GRP
Aviva has ended its relationship with Global Risk Partners following its split from two other GRP brokers.