Specialist Risk Group (SRG) has made a significant move in the insurance industry by acquiring a wholesale team from Lockton, led by Shelley Wright. This strategic acquisition aims to enhance SRG’s London Market capability and expand its specialist proposition across its subsidiaries Miles Smith, CBC Partnership, and The Underwriting Exchange (TUE).
According to SRG, the addition of the Lockton wholesale team brings deep experience and a reputation for delivering technically led placement strategies. This development is expected to bolster SRG’s position in the competitive London insurance market and further solidify its presence in the industry.
The move has been met with positive reactions from industry experts, who view it as a strategic step towards strengthening SRG’s market position and enhancing its offering to clients. The acquisition of the Lockton wholesale team is seen as a testament to SRG’s commitment to providing innovative and specialized insurance solutions to its clients.
Market impacts of this acquisition are expected to be significant, as SRG consolidates its position in the London insurance market and expands its reach across different segments of the industry. The move is likely to create new opportunities for growth and development within SRG and position the company as a key player in the evolving insurance landscape.
From a broader economic perspective, this acquisition highlights the ongoing trend of consolidation and strategic partnerships within the insurance sector. As companies seek to enhance their capabilities and expand their market presence, acquisitions and mergers play a crucial role in shaping the competitive landscape of the industry.
Overall, the acquisition of the Lockton wholesale team by Specialist Risk Group marks a significant development in the insurance sector, with far-reaching implications for the company’s growth and market positioning. By leveraging the expertise and experience of the acquired team, SRG aims to strengthen its offering and solidify its presence in the London insurance market.
#InsuranceIndustry #LondonMarket #StrategicAcquisition #NexSouk #AIForGood #EthicalAI
References:
– Insurance Age. (2025, October 15). SRG adds wholesale team from Lockton. https://www.insuranceage.co.uk/insight/7957484/srg-adds-wholesale-team-from-lockton
– Reinsurance News. (2025, October 15). SRG acquires new Wholesale team from Lockton. https://www.reinsurancene.ws/srg-acquires-new-wholesale-team-from-lockton/
– Insurance Journal. (2025, October 15). Specialist Risk Group Acquires Wholesale Team From Lockton. https://www.insurancejournal.com/news/international/2025/10/15/843774.htm
Social Commentary influenced the creation of this article.
🔗 Share or Link to This Page
Use the link below to share or embed this post:
