Global Risk Partners acquires BB insure
Global Risk Partners (GRP), an investment vehicle targeted at brokers and managing general agents, has acquired commercial and personal insurance broker, BB Insure.
With UK offices in Boston and Skegness, BB Insure’s management team will continue to lead the business and Rob Brooks, managing director is a co-investor in the business.
“I am excited to be part of a group that will help our business to grow and give our clients access to enhanced products and markets,” Brooks said.
“With the support of Global Risk Partners, we can expand the business whilst maintaining our reputation as a client focused organisation providing high standards of professional service.”
Mike Bruce, chief executive officer for GRP, said: “I am delighted to welcome Rob and his colleagues to GRP. BB Insure has grown rapidly in recent years under Rob’s leadership, and we see this as an ideal base to expand our footprint in the region through further acquisitions and recruitment of talented individuals."
