Specialist Risk Group (SRG) Acquires GB Underwriting

Specialist Risk Group Acquires Ecclesia's Dutch and Belgian Operations

August 4, 2025

Insurance

Specialist Risk Group (SRG) has completed the acquisition of Ecclesia’s businesses in the Netherlands and Belgium, including BS&F, Concordia, Ecclesia BV, Finance & Insurance, IC Verzekeringen NV / CI Assurances SA, Sibbing and XOLV. Ecclesia has taken an investor position in SRG alongside Warburg Pincus and Temasek; the deal marks SRG's formal entry into mainland Europe and expands its specialist insurance broking footprint.

Warburg Pincus and Temasek Acquire Specialist Risk Group

May 21, 2024

Insurance

Warburg Pincus and Temasek agreed to acquire Specialist Risk Group (SRG) from HGGC, with SRG management reinvesting and retaining a significant stake. The investors will support SRG’s next stage of growth as the specialist insurance intermediary expands its people-focused platform and international capabilities; closing is subject to customary regulatory approvals.

Specialist Risk Group Acquires The Channel Partnership

February 10, 2021

Insurance

Specialist Risk Group (SRG) has acquired trade credit specialist The Channel Partnership, expanding SRG's Specialist Risk Insurance Solutions (SRIS) retail capability. The Channel Partnership’s senior team will join SRIS in Bristol as SRG continues add-on activity following its recent majority investment from HGGC.

HGGC Acquires Specialist Risk Group

December 21, 2020

Insurance

Middle-market private equity firm HGGC has signed a definitive agreement to acquire London-based Specialist Risk Group (SRG). SRG's management will reinvest alongside HGGC while existing investor Pollen Street Capital will exit; the transaction is expected to close in Q1 2021 subject to regulatory approval.

Specialist Risk Group Acquires Insolvency Risk Services from MS Amlin

July 1, 2020

Insurance

Specialist Risk Group (SRG) has agreed to acquire Insolvency Risk Services (IRS), a division of MS Amlin, subject to regulatory approval. The deal brings IRS's specialist insolvency insurance broking capability into SRG's platform, with MS Amlin providing ongoing capacity for related risk exposures.

Specialist Risk Group Acquires KBIS British Equestrian Insurance

January 5, 2020

Insurance

Specialist Risk Group (SRG) has acquired KBIS British Equestrian Insurance, adding a well-established equestrian insurance specialist to its Specialist Risk Insurance Solutions (SRIS) retail division. The deal expands SRG's specialist capabilities and distribution reach (including Irish and EU channels via TUE) as SRG continues growth under new majority shareholder HGGC (subject to regulatory approval).