GRP completes acquisition of Marsh’s networks

Global Risk Partners has confirmed that it has received regulatory approval for its acquisition of Marsh’s UK networks business. The networks business is made up of Marsh ProBroker, Bluefin Network and Purple Partnership. The acquisition also includes Marsh Connections, Marsh Labyrinth and Broker2Broker.

David Hopwood, head of the UK networks business, joins the GRP executive and continues to head up the networks business under new ownership.

He said: “Since the deal was announced in February, we have launched our new Hedron Network brand, along with a comprehensive and flexible new proposition.”

He added: “I’m confident that Hedron will deliver added value to our members and drive future growth for the network.”

Commenting on the completion of the deal, Mike Bruce, GRP’s group CEO, said: “This is another important milestone for GRP and I look forward to supporting David and his team in their drive to achieve exceptional growth and success for Hedron under our ownership.”

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