Wednesday, July 24, 2024

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SRS completes Robus acquisition

Strategic Risk Solutions has completed its acquisition of fellow insurance manager, Robus Group, expanding its Guernsey presence and adding a Gibraltar office to its portfolio.

Captive Intelligence reported in January SRS had agreed a deal with Ardonagh Group for Robus.

Peter Child, CEO of SRS Europe, said: “I’m delighted to finally welcome the Robus team into the SRS fold. I’m excited by the expanded horizons that this fantastic group of professionals brings to our capabilities and look forward to further embedding the SRS service philosophy in the European insurance market.”

While Gibraltar is a new domicile for SRS and will maintain its present office space, Captive Intelligence understands the combined Guernsey teams of both organisations will eventually be moving into a new office together.

SRS is now providing management services to captives, open market insurers and reinsurers, insurance intermediaries, MGAs, ILS fund managers, and other corporate entities around the world.