Global Risk Partners has agreed to acquire Willis Towers Watson’s commercial risk and broking business in Northern Ireland, which will become part of GRP-owned ABL Group. The deal will add gross written premium of £57m to Belfast-based ABL Group, and includes the transfer of all associated WTW employees.

Maurice Boyd, CEO of ABL, said: “Not only is the portfolio made up of high-quality commercial business and an excellent team, it underlines the importance the group attaches to Northern Ireland and our confidence in the future prospects for Northern Ireland business and the economy.

“The acquisition follows a number of recent deals completed by ABL, which combined with organic growth has taken total GWP to well over £50m. We have now smashed through the £100m GWP barrier and we have every intention of building on that with the strength and muscle from the new combined business.”

Brian Curtis, head of Ireland at WTW, said: “I’m impressed by ABL’s vision for the business, their commitment to our colleagues, and their focus on giving clients the very best product and service proposition. I am confident our clients and colleagues will benefit greatly from the strengths of ABL and the wider GRP group.”

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