GRP acquires Millards

Green Insurance Group, the South East hub business of Global Risk Partners has purchased East Kent-based Millards Insurance Services, for an undisclosed amount.

The acquisition is the broker’s third in 2019, after Reid Briggs and Clifton Morley in May, and the sixth since GRP’s investment in Greens in 2017.

Green’s chief executive officer, Duncan Coleman said: “Millards is a significant addition to our portfolio and strengthens our considerable presence in Kent.

“With the support of GRP, we continue our strategy of acquiring quality brokers which serve their local communities and extending our coverage across the South East,” he added.

GRP group managing director, Mike Bruce said: “Our acquisition pipeline continues to be exceptional, evidenced by this latest transaction and the deals we currently have in due diligence. A key objective for our hub businesses is to seek out and buy quality local brokers and Greens’ track record speaks for itself. I’m confident there will be plenty more to come.

Millards directors, “David Brown and Phil Day have built an excellent local brand and on behalf of GRP, I’m delighted they have chosen to continue their journey as part of the GRP family.”

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