GRP acquires specialist commercial insurance broker

Global Risk Partners (GRP), a  Brown & Brown company, has agreed to acquire a specialist commercial insurance broker headquartered in Surrey, South East England.

GRP has bought 100% of the share capital of Amicus Solutions Holdings. The business will sit within GRP’s retail division.

Amicus was founded in 2010, and has deep experience in its target markets of construction, manufacturing, waste and recycling, and haulage.

GRP highlighted Amicus’ rapid growth since its establishment attributed to its “service led and personal approach to broking.”

Stephen Ross, head of M&A for GRP, said: “Amicus has delivered exceptional growth thanks to Adam’s leadership and his highly entrepreneurial team. We are keen to support the team as it continues to grow its footprint in its target markets, where it has earned a great reputation for providing high quality insurance and risk management services to its growing customer base.”

“It’s great that they have chosen to become part of the GRP and Brown & Brown team, and I am confident that Amicus will see continued growth with our help and support.”

Amicus, co-founder and managing director Adam Scott said: “Becoming part of Brown & Brown, the world’s sixth largest insurance brokerage, was a key consideration for us when we first sat down with Mike Bruce (GRP’s CEO) and Stephen [Ross] to discuss the future.”

“GRP has an enviable track record in helping companies like ours enhance our capabilities and provide new paths for success. The team and I are all very excited about the next chapter in our history, as we build upon our platform with both GRP and Brown & Brown support.”

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