Global Risk Partners buys into Lonmar

Insurance investor Global Risk Partners (GRP) has struck a deal to
acquire a 75 percent stake in Lloyd's broker Lonmar Global
Risks, The Insurance Insider can reveal.
As part of the deal, the first generation of Lonmar management
including chairman George Boden and former CEO Simon Rice are being
bought out of the business.
The next generation of management including CEO David Pexton,
finance director Peter Ross and bloodstock chief Philip Nelson are
collectively taking on a 25 percent equity...