Global Risk Partners, part of Brown & Brown, has acquired the general insurance portfolio of Woodward Markwell Insurance Brokers Ltd. The business will continue to trade under its existing brand and will become GRP’s hub business for East Anglia. The deal is GRP’s 100th acquisition since it was founded in 2013.

Mike Bruce, CEO at GRP, said: “We have stated our intention to trade across the whole of England and Wales, as well as Northern Ireland, and this acquisition is a key landmark in that strategy. WM Brokers is a high quality business with a solid footprint in East Anglia.”

David McGowan, managing director of Woodward Markwell, added: “GRP has a reputation for supporting ambitious brokerages with a strong entrepreneurial ethos. We see this deal as an opportunity to significantly grow our presence in East Anglia and deliver an ever wider portfolio of products and services to our clients.”

Share Story: