News

Property owners’ specialist broker Aquilla Insurance Brokers Ltd (Aquilla) has been acquired by Alan & Thomas Insurance Group (Alan & Thomas, A&T), the southern hub broker for Global Risk Partners (GRP). Julian Boughton, CEO of A&T, which is headquartered in Poole said: “Aquilla is a superb business with a great track record of growth in the property space and a reputation for excellent customer service.”

Premier Choice Healthcare has further boosted its position in the healthcare sector by landing its second deal since joining GRP - acquiring Bournemouth-based PMI intermediary Equity Health Solutions Ltd.

Stephen Ross, head of M&A for GRP said: “This deal supports our aim to mirror the acquisition success we have had in UK retail commercial broking by boosting our presence in the healthcare market. It will help us to expand our overall proposition to offer both new and existing clients a suite of healthcare products alongside our existing services.”

GRP posts excellent results for the 12 months ending in September 2021 with run rate EBITDA increasing by 30% to £80m and run-rate income rising by £34m to £197m 

Hedron network member the first to benefit from GRP’s minority investment strategy

Higos Insurance, part of Global Risk Partners (GRP) and the South West hub for the group, has acquired Web Shaw Limited of Penzance, in Cornwall. Matt Hartigan, Higos MD, said: “Jacksons is a high quality, well-managed local independent broker and just the sort of business we’re keen to work with. It has a long established track record of success with a great roster of clients for both Commercial and Personal lines business, and the deal will add considerably to our footprint in Cornwall.”

Experienced leader joins from Marsh to oversee GRP's fast-growing retail business

High net worth broker Gauntlet Insurance Services (Gauntlet) has announced its first deal since it was acquired by GRP in 2019.

Gauntlet has agreed to purchase Bolton-based Three Sixty Insure Ltd, another Specialist Private Client broker. The deal is subject to regulatory approval.

In an interview with Insurance Business, Maurice Boyd, ABL Group's CEO discusses the benefits of ABL's recent acquisition of Willis Towers Watson's Northern Ireland business for both clients and staff, and outlines ABL@s plans for further growth 

• Business to join up with ABL Group on completion
• ABL Group CEO Maurice Boyd to lead combined operation
• Takes ABL’s GWP over £100m, making ABL the largest commercial broker in Northern Ireland

DCJ Insurance Group (DCJ) of Chesterfield, part of Global Risk Partners, has acquired 100% of the share capital of Real Insurance Group Limited (Real Insurance). Stephen Ross, head of M&A for GRP, said: “Offering brokerages an option to create value from their work via a sale was part of the rationale behind our deal to buy Hedron Network, so I’m especially pleased that we have brought Real Insurance across the line so quickly to be part of DCJ.”