Global Risk Partners Limited (GRP) has acquired the fast growing commercial and personal insurance broker BB Insure, which has 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.
Rob Brooks, Managing Director of BB Insure said “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. 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, CEO Broking 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.
GRP currently handles c £400m of insurance premium and offers an ideal environment for entrepreneurial businesses, teams and individuals who wish to grow as part of an independent, strongly capitalised, regulatory compliant intermediary business.”