David Margrett News

Searchlight Capital Partners Completes Acquisition of UK Broker Global Risk Partners

Global Risk Partners Ltd., the London-based independent insurance intermediary, announced that global private investment firm Searchlight Capital Partners has completed its acquisition of a majority stake in the group, following regulatory approval. Financial details of the deal, which was first …

Global Risk Partners Buys Marshall Wooldridge, a UK Broker with Growth Plans

Global Risk Partners Limited (GRP), the acquisitive insurance broking and managing general agent investment vehicle, has acquired Marshall Wooldridge, a UK commercial insurance broker which controls in excess of £20 million ($25.2 million) GWP. Marshall Wooldridge has served the business …

Global Risk Partners Completes Acquisition of LONMAR

Global Risk Partners Ltd., the insurance broking and managing general agency (MGA) investment vehicle, has completed its backing of the management buyout of LONMAR Global Risks, the London-based specialist Lloyd’s broker. Originally announced last month, the transaction was subject to …

Global Risk Partners Backs LONMAR’s MBO, Supporting Its Growth Strategy

Global Risk Partners, the acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management buyout of LONMAR Global Risks, the specialist Lloyd’s broker. The transaction is subject to regulatory approval. LONMAR’s management team, led …

Thornton Named Managing Director of Global Risk Partners’ Retail Broking Unit

Global Risk Partners Limited (GRP)* is pleased to announce that Neil Thornton will be joining as managing director of GRP’s Retail Broking business. Thornton was previously head of the Commercial Division of Bluefin Insurance Services and before that managing director …

European Property Underwriting Forms Capacity Agreement with 3 Risk Partners

European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance participations from Liberty Mutual Insurance and Swiss Re Corporate Solutions. EPU is …