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The takeover, which consists of Marsh Pro Broker, Bluefin Network and Purple Partnership as well as Marsh Connections, Marsh Labyrinth and Broker2Broker, will see 256 members and around 400 trading
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Global Risk Partners Agrees to Acquire Marsh’s UK Networks Business February 18, 2021
Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance broker and risk adviser.
Terms of the transaction, which is subject to regulatory approval, were not disclosed. Completion is expected by the second quarter of 2021.
The Networks business comprises Marsh ProBroker, Bluefin Network and Purple Partnership. The acquisition also includes Marsh Connections, Marsh Labyrinth and Broker2Broker (B2B), part of Marsh’s wider UK networks business, which provide brokers with access to a range of products and facilities.
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