Reinsurance News
Specialist Risk Group
SRG launches in APAC and set to acquire Singapore-based HL Suntek
15th October 2024
Specialist Risk Group (SRG), an insurance intermediary majority-owned by Warburg Pincus and Temasek, has announced its expansion into the Asia Pacific (APAC) region and its plans to acquire HL Suntek Insurance Brokers Pte. Ltd. (HL Suntek). Based in Singapore, SRG will closely follow its successful UK business model—an insurance group ... Read the full article
SRG completes investment partnership with Warburg Pincus and Temasek
30th September 2024
Insurance industry intermediary Specialist Risk Group (SRG) has announced the completion of the transaction for the majority of its shares to be acquired by global growth investor, Warburg Pincus, and Temasek, a global investment company headquartered in Singapore. It's important to note, that SRG's partnership with both investors aims to support ... Read the full article
SRG acquires specialist motor fleet MGA, Capulus
5th September 2024
Specialist Risk Group (SRG), the insurance intermediary, has acquired Capulus, the specialist motor fleet managing general agent (MGA), based in Wales. According to the announcement, Capulus' team, which consists of 21 colleagues, will join SRG's MGA pillar - MX, which will further enhance SRG's motor fleet capabilities across its Retail, Wholesale, ... Read the full article
SRG bolsters retail business with Anthony James Insurance Brokers acquisition
20th August 2024
Specialist Risk Group (SRG), the insurance intermediary, has acquired Anthony James Insurance Brokers in a move that is set to expand and further strengthen SRG's retail pillar - Specialist Risk Insurance Solutions (SRIS). Subject to regulatory approval, Anthony James becomes SRG’s fifth acquisition since it announced its new investment partners, Warburg ... Read the full article
SRG to acquire specialist P&C MGA Trilogy Underwriting
24th July 2024
Specialist Risk Group (SRG) has agreed to acquire Trilogy Underwriting, marking the second company to join its underwriting pillar, MX, in 2024. Formed in 2013 and Led by Managing Director Chris Blackwell, Trilogy Underwriting specialises in property and casualty business, supporting a select panel of wholesale and retail brokers across the ... Read the full article
SRG enhances equestrian capability with Carriagehouse acquisition
9th July 2024
Specialist Risk Group (SRG), the insurance intermediary, has acquired the ongoing business of Carriagehouse. Established over three decades ago, Carriagehouse plays a key role in supporting the equestrian industry by providing a wide range of specialist products, including, policies for horses and donkeys, horseboxes and horse trailers, carriages and harness and ... Read the full article
SRG announces acquisition of political violence specialist, Tristar Special Risks
4th July 2024
Specialist Risk Group (SRG), the insurance intermediary, has announced its acquisition of Tristar Special Risks, the political violence specialist. For those who are not aware, Tristar Special Risks has a deep degree of expertise in terrorism insurance and supports broker partners across the UK through its coverage for all types of commercial ... Read the full article
SRG to acquire specialist schemes broker SISL
25th June 2024
Insurance industry intermediary, Specialist Risk Group (SRG), has agreed to acquire specialist schemes broker, Strategic Insurance Services Limited (SISL), subject to regulatory approval. Based in West Sussex, UK, SISL was established in 1997 and provides a number of deeply specialist schemes with established relationships with insurers, brokers and financial services clients ... Read the full article
SRG’s MX enhances capacity through Accredited Insurance Limited partnership
5th June 2024
Specialist Risk Group's managing general agent (MGA), MX, has recently secured a new capacity agreement with Accredited Insurance (Europe) Limited (AIEL), which significantly boosts MX's capacity in the UK and Ireland. Established in 2021, MX's new capacity model ensures stability and adaptability for its operations. This enhancement empowers MX to pursue ... Read the full article
SRG set to launch new global motorsport underwriting offering, Skilton to lead
29th May 2024
Specialist Risk Group's Managing General Agent (MGA), MX, has announced that it will be launching a new specialist motorsport underwiring offering, MX Motorsport, which will underwrite all classes of motorsport business on a global basis supported by A rated capacity. According to the announcement, MX Motorsport's team will distribute its products ... Read the full article
SRG acquired by Warburg Pincus and Temasek to fuel growth
21st May 2024
Insurance industry intermediary Specialist Risk Group (SRG) has announced its acquisition by Warburg Pincus and Temasek. This partnership with these investors aims to support SRG’s growth plans and strategy, with SRG’s management team retaining a significant stake in the company. SRG was founded in January 2020 under the leadership of Group CEO ... Read the full article
Specialist Risk Group to acquire CBC Partnership
7th December 2023
B.P. Marsh has agreed to sell its shareholding in Paladin, the parent company of CBC Partnership, the London-based Insurance Broker, to Specialist Risk Group Limited (SRG), subject to regulatory approval. Once completed, this will be SRG’s 19th acquisition, and will mark as the sixth one that the company has completed in ... Read the full article
SRG launches Entertainment, Media & Sports division
7th September 2023
Specialist Risk Group (SRG) has launched a new division serving the global Entertainment, Media, and Sport industry. To form the basis of this new division, SRG has built out a team of sector specialists. According to SRG, Specialist Risk Entertainment Media and Sport (SR EMS) will operate across the company's current distribution ... Read the full article
SRG enhances professional lines offering with TLO Risk Services acquisition
23rd May 2023
Insurance industry intermediary Specialist Risk Group (SRG) has announced the acquisition of TLO Risk Services, a firm specialising primarily in the legal sector. According to the announcement, the acquisition of TLO will enhance SRG’s professional lines offering and expand its capabilities to cater to the insurance needs of firms across a ... Read the full article
SRG launches Specialist Risk Europe
25th April 2023
Specialist Risk Group (SRG) has launched Specialist Risk Europe, a new platform for its European operations, headquartered in Dublin, Ireland. SRG states that this announcement reinforces its commitment to its growth strategy and will build upon the success of the firm's existing specialisms. Lee Anderson, SRG Group Deputy CEO, commented, "We are ... Read the full article
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