Global Risk Partners (GRP) Retail Division has acquired risk management specialist Health and Safety Click Ltd (H&S Click).
H&S Click, based in Benfleet, Essex, provides SME businesses with a comprehensive online enterprise risk management, compliance and training solution. According to GRP’s group managing director, Mike Bruce, H&S Click will be “a significant value-adding offering for our broking and MGA clients providing them with a market leading online risk management tool.”
He said: “This acquisition is an important strategic investment for GRP because it is a scalable business and broadens our risk management capability. It adds a market-leading digital operation that will enhance our integrated service offering.”
Mike said that Rosalind Klass, the founder and managing director of H&S Click, will continue to lead the business within GRP. “Rosalind is a successful entrepreneur who, together with her late husband Fred, has built her business from scratch, and now GRP clients within the Retail division and the MGA division will also benefit from her talent and ambition.”
He added: “I’m delighted she has chosen to join the GRP family and look forward to helping her further build the profile and reach of H&S Click within both GRP and the broader market.”
Rosalind said: “The chance to build my business within GRP was an opportunity that was firmly in the category of ‘too good to miss’. I look forward to rolling out our services across the Group for the benefit of GRP’s SME client portfolio. I am also excited by what this means for our existing clients. Plans are already underway to utilise the substantial resources available within GRP to develop further high-end functionality within our system. This will be to the benefit of all our users, old and new.”
Rosalind works nationally to deliver training, including H&S Click’s cloud-based risk management software platform, covering health and safety, human resources, driving risk and business continuity.
The acquisition does not require regulatory approval and the consideration is undisclosed.
Global Risk Partners Limited (GRP) is a vehicle aimed at acquiring brokers and managing general agents (MGAs) trading in the UK retail and global, specialty insurance markets. It was established in 2013 by Peter Cullum – Chairman, David Margrett – Chief Executive, and Stephen Ross – Chief Operating Officer, and is backed by private equity firm Penta Capital LLP.
GRP acquires businesses, teams and portfolios that have niche, non-commoditised, specialty propositions and strong profitability. GRP is one of the top independent brokers in the UK.