GRP poised to buy Risk Alliance
It is understood Global Risk Partners swept in after negotiations between the Yorkshire-based broker and Broker Network broke down.
Global Risk Partners (GRP) is set to buy broker Risk Alliance for an undisclosed sum, Insurance Age can reveal.
According to sources a deal is due to go through this month with GRP buying the business which is headquartered in Yorkshire.
Talks
It is believed that Risk Alliance was originally in talks with Broker Network but, following the breakdown of those discussions, GRP stepped in.
A GRP spokesperson said: “GRP does not comment on market rumour or speculation.”
The buy represents GRP’s
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