Commercial insurance broker Christopher Trigg Ltd is now owned by Global Risk Partners (GRP), which has completed its first acquisition for 2023.
“Christopher Trigg is in ‘our sweet spot’ of classic GRP acquisitions: highly entrepreneurial, experienced owner managers, an ambitious motivated team, and a strong and growing presence in their chosen markets,” said GRP mergers & acquisitions head Stephen Ross.
“It is an exceptional broker and a fantastic addition to our retail portfolio. Our expectation is that, with our support and access to the product and service firepower we can provide, the business is well positioned to continue its trajectory.”
A leading member of GRP’s broker network business Hedron Network, the 50-year-old business will continue operating in its office in Rickmansworth under the leadership of managing director Dominic Trigg. The company’s roster, including directors Alex Shanahan and Owen Jenkins, will remain, while founder and chair Christopher Trigg is retiring.
“It became clear during our early discussions with Stephen and Mike [Bruce, GRP’s CEO], that GRP was the best possible custodian for our business, our excellent team, and our clients,” commented Dominic Trigg.
“We have been a member of the Hedron Network for many years, and once we decided to look for an investor in the next stage of development it seemed a natural progression to become part of GRP/Brown & Brown.”