Specialist Risk Group hires JLT Group strategy advisor as chairman
19-05-2021
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10-12-2019
Insurance intermediary Specialist Risk Group (SRG), has appointed a chairman and two non-executive directors, subject to appropriate regulatory approval. This announcement follows a busy start to 2021, which has so far included six acquisitions and completion of the purchase of a majority share in SRG by HGGC.
William Nabarro joins SRG as its chairman. Most recently, he was a senior strategy advisor to JLT Group. He has held a number of board positions and has a wealth of experience to advise SRG through its next stage of growth.
Specialist Risk Group Buys Dublin-Based MGA, Blackrock Insurance Solutions May 13, 2021
Financial details of the acquisition were not disclosed.
SRG said this acquisition further demonstrates its commitment to the Irish broker market, as it invests in specialist underwriting capability and technical expertise, to support existing wholesale broker TUE and motor specialist MGA, LIME.
SRG has been building its MGA capability, following the acquisition of GB Underwriting and CLS Risk Solutions (subject to regulatory approval) earlier this year. Blackrock will now join GB Underwriting, LIME and CLS RS, to form the foundations of the group’s underwriting business.
Warren Downey, group CEO at SRG said: “We are thrilled to further support our Irish broker partners through the acquisition of Blackrock Insurance Solutions. The Blackrock team is a group of genuine specialists who add tremendous value and expertise to the group’s underwriting capabi