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.
People Moves: 14-18 June
Keep up to date with the latest people moves.
Interview: Hedron Network CEO David Hopwood
Hopwood discusses GRP's takeover of Marsh Networks and what will be different for members after Marsh ProBroker, Bluefin Network and Purple Partnership became one single proposition.
Hedron Network adds Markel UK to panel
The GRP-owned network says members will have full access to Markel UK’s product range including professional indemnity, care, charity and community groups, and cyber.
GRP-owned Crotty buys Martin Insurance
Deal is Dublin-based Crotty's first since it became GRP's Irish hub business last year.
Marsh’s Neil Poulton appointed MD at Sagars
Founder, John Meadows, has stepped back from his leadership role at the Global Risk Partners-owned broker.
Qlaims partners with Hedron Network
The partnership, which follows GRP's acquisition and rebrand of Marsh Networks earlier this month, will see broker members gain access to a new claims and risk management offering.
Dave Clapp takes over as MVP and Ataraxia CEO
James McCaffrey is to retire but will retain a non-executive interest in the Peter Cullum-owned insurance investor.
GRP completes Marsh Networks deal
The networks business has been rebranded to Hedron and will continue to be led by David Hopwood who has joined the GRP executive team.
Blog: Ardonagh's swoop for 'brand Bayles' is a logical one rooted in past success
As Phil Bayles becomes the latest Aviva senior manager to join Ardonagh, Jonathan Swift suggests that having built his 'brand' at the insurer, he is well primed to now make his mark in the broker space.
People Moves: 19 - 23 April 2021
The key job changes in the world of insurance this week.
Analysis: The future of the networks model
Following on from GRP's surprise purchase of Marsh Networks, Martin Friel investigates how consolidation is changing the networks landscape.
GRP spent £60m on 18 deals in 2020
Consolidator's financial results for the year ended 31 March 2020 show a pre-tax loss of £23.4m, but rising turnover and a 42% boost in operating profit.
GRP hires Ardonagh’s Steve Anson as COO
He had been CEO of Towergate Retail since 2015 but started with GRP on 6 April.
GRP buys Leeds broker Lawrence Fraser
The broker will become part of Marshall Wooldridge which is GRP’s Yorkshire hub.
DCJ makes first deal as part of GRP stable
Broker expands its footprint with purchase of Lincoln-based Sills.
Consolidation of the consolidators next step as broker M&A targets reduce
IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
GRP’s Newstead buys local broker
GRP purchased Birmingham-based Newstead in January this year and described it as a “flag in the ground” in the city as it seeks to build its presence.
GRP snaps up Ipswich-based broker
Five Insurance Brokers specialises in the construction, manufacturing and process, haulage, motor trade and warehousing sectors and will become an appointed representative of GRP.
Mike Bruce lifts lid on GRP’s Marsh Networks deal
Bruce discusses growth plans for the networks business, what members will see differently following the acquisition and how GRP plans to add some “extra oomph” to the proposition.
"Bold move" for GRP as it buys Marsh's UK Networks business
The takeover, which includes Marsh ProBroker, Bluefin Network and Purple Partnership, will see David Hopwood continue to lead the combined networks business as part of the GRP executive team, as group CEO Mike Bruce promises there will be no redundancies.
Private equity behind 71% of UK broker deals in 2020
Exclusive: Mazars' Simon Fitzsimmons discusses why the broking sector is attractive to private equity and international investment and predicts we will see fewer larger deals in 2021.
GRP-owned Premier Choice Healthcare makes first deal
PCH, which was bought by GRP last June, says it is committed to expanding the consolidator's healthcare operation.
People Moves: 11 - 15 January 2021
Keep up-to-date with the top personnel changes in the world of insurance.
GRP buys Birmingham broker
Global Risk Partners (GRP) has purchased Newstead Insurance Brokers for an undisclosed sum.