Maven Capital Partners
Global Risk Partners is a buy-and-build acquisition vehicle targeting the global specialty insurance and reinsurance markets. The business has been set up by a highly experienced management team including Chairman Peter Cullum, the founder of insurance broker Towergate which became the UK’s largest independently owned insurance broker, with a turnover of £400 million.
GRP will focus on the Lloyd’s market, with the aim of acquiring a broad mix of accredited brokers and Managing General Agents in order to offer an unrivalled concentration of specialist underwriting expertise and knowledge. Lloyd’s is the acknowledged global centre for specialty insurance and reinsurance of risk, writing gross annual premiums of £25 billion.