GRP acquires broker Marshall Wooldridge
Global Risk Partners (GRP), the UK broker consolidator led by
broking veteran David Margrett, has acquired UK commercial
insurance intermediary Marshall Wooldridge.
Marshall Wooldridge, which controls in excess of £20mn
($25.9mn) in gross written premiums, has conducted business in and
around Leeds for more than 40 years and employs 50 staff.
GRP's investment will allow Marshall Wooldridge to fund its
plan to double in size over the next three years, GRP said in a
statement.
James Hall, ma
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