Reinsurance News
Specialist Risk Group
Insurance group SRG buys Consort Insurance
16th March 2023
Insurance industry intermediary Specialist Risk Group (SRG) has announced the acquisition of mid-market commercial broker Consort Insurance. The deal, which is subject to regulatory approval, will see Consort Managing Director Danny Harwood and his team join Specialist Risk Insurance Solutions (SRIS), led by Oliver Thorne who was named ist Managing Director ... Read the full article
Specialist Risk Group to buy Hamilton Leigh
2nd March 2022
Specialist Risk Group (SRG) is to buy broker firm Hamilton Leigh. The deal, which is pending regulatory approval, follows SRG’s acquisitions of KBIS, The Channel Partnership, David Codling, and Associates, amongst others. In January 2022, SRG also acquired the London-based Special Risks team from Bridge Insurance. The firm also made news on these ... Read the full article
SRG agrees to acquire Bridge’s Special Risks team
14th January 2022
Specialist Risk Group (SRG) has agreed to acquire the London-based Special Risks team from Bridge Insurance. The team, led by Jonathan Starkey and David Walker, have years of combined experience in arranging insurance programmes for businesses operating in conflict-affected territories. This includes mine clearance, humanitarian assistance and disaster recovery. The team will join ... Read the full article
SRG names Joe Hanly as CFO
5th January 2022
Broker and managing agent, Specialist Risk Group (SRG), has appointed Joe Hanly as Chief Financial Officer, subject to regulatory approval. SRG announced new majority shareholder HGGC in December 2020 and since then has completed 8 acquisitions. SRG has also strengthened its leadership team with the addition of Clare Lebecq as COO and ... Read the full article
Specialist Risk Group brings MGAs together under new unit
15th December 2021
Specialist Risk Group (SRG) has announced the launch of MX Underwriting, a new unit that comprises three specialist MGAs acquired by SRG and LIME Insurance. Led by Lee Anderson, SRG Deputy CEO, and James Gerry, MX Chairman, MX targets being a £100 million GWP business within its first year of trading. Its ... Read the full article
Specialist Risk Group hires William Nabarro as Chairman
19th May 2021
Insurance industry intermediary, Specialist Risk Group (SRG), has announced the appointment of William Nabarro as Chairman, as well as Julia Hayhoe and Vicky Kubitscheck as Non-Executive Directors. The appointments follow a busy start to the year for SRG, which has included a number of acquisitions and the finalisation of its Read the full article
SRG hires Eastham as Managing Partner and Head of M&A team
17th May 2021
Insurance brokerage Specialist Risk Group (SRG) has appointed Nikki Eastham as Managing Partner and Head of its M&A team. Eastham joins after a 12-year career at PWC, where she was most recently a Director of the M&A team. She has a range of experience within strategic advisory, deal origination, target engagement, diligence, ... Read the full article
SRG adds team of 16 from AFL Insurance Brokers
23rd March 2021
Specialist Risk Group have added a team of 16 from AFL Insurance Brokers, led by Jonathan Bines, aimed at further expanding its specialist re/insurance broking activities. Bines previously held leadership positions at JLT and Integro and has been Chief Executive Officer at AFL since 2019. The incoming team includes Chris Cavani, David ... Read the full article
SRG to acquire CLS Risk Solutions
8th March 2021
Insurance brokerage Specialist Risk Group (SRG) has entered an agreement to acquire CLS Risk Solutions (CLS RS). CLS RS creates and provides risk solutions for real estate development projects and transactions. With a GWP in excess of £30 million in 2020, CLS RS specialises in renewables, M&A, property development and environmental ... Read the full article
SRG promotes Anderson to Deputy CEO, hires Lebecq as COO
22nd February 2021
Specialist Risk Group (SRG), an integrated group of insurance intermediaries, has promoted Lee Anderson to Group Deputy Chief Executive Officer (CEO) and at the same hired Clare Lebecq as Group Chief Operating Officer (COO). Towards the end of December, it was revealed that SRG had agreed to be acquired by ... Read the full article
SRG acquires trade credit specialist, The Channel Partnership
12th February 2021
Insurance intermediary, Specialist Risk Group (SRG), has today announced the acquisition of trade credit specialist, The Channel Partnership. The Channel Partnership, founded in 1992, provides trade credit risk advice to clients from its base in Bristol, UK. Following the acquisition, senior team and staff will join SRG’s Retail business, Specialist Risk Insurance ... Read the full article
Specialist Risk Group to be acquired by PE firm HGGC
21st December 2020
Insurance brokerage Specialist Risk Group (SRG) has signed a definitive agreement to be acquired by HGGC, a leading middle-market private equity firm. Under the terms of the agreement, SRG's management team will invest alongside HGGC and continue to hold a significant stake in the business. The deal also sees existing investor, ... Read the full article
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