As Global Risk Partners (GRP) enjoys the rapid expansion of its retail business, the intermediary has named a new CEO for the division in the form of Duncan Carter (pictured).
Carter, who will report to group CEO Mike Bruce, has spent more than 30 years in the industry, most recently with Marsh in a number of senior-market facing roles. He also spent more than 18 years with Allianz, and Bruce is confident he can bring his skills to GRP, with its retail division now boasting more than 1,000 staff across the UK.
“The retail division is the largest business in GRP, and the exponential growth we have seen over the last few years is set to continue with a great pipeline of acquisition deals in play,” said Bruce. “Our model is to integrate, digitise and drive organic growth in the brokers we acquire, and as CEO retail, Duncan will join the GRP Executive to spearhead these ambitious plans.
“Duncan is another great appointment for GRP and follows COO Steve Anson from Ardonagh in April. He is a seasoned practitioner with the breadth of experience to make a big and positive difference to our high performing retail division.”
Carter, meanwhile, referred to GRP as a “stellar brand”.
“My priorities will include working alongside Steve [Anson] and the existing retail leadership team to push through GRP’s digital transformation agenda, ensuring that we deliver our ambitious organic growth targets, and keeping up the momentum on our M&A pipeline,” he said.
“The broking sector is going through a significant period of change, accelerated by COVID, and the opportunities for driving growth are in plain sight for businesses with the right model and with strategic intent. It is clear that GRP will be one of the winners from this latest cycle and I look forward to being part of this successful team.”
