June 19, 2017
B.P. Marsh & Partners Plc has invested $6,000,000 into a New York based specialty lines insurance distribution company. B.P. Marsh has subscribed for a 35% shareholding in the New York based XPT Group LLC (“XPT”), through its wholly owned subsidiary company, B.P. Marsh (North America) Ltd.
June 13, 2017
B.P. Marsh & Partners PLC are pleased to announce funding of an investment of $6,000,000 into a New York based specialty lines insurance distribution Company alongside experienced Management Team Partners.
The Company plans to make one or two U.S.-based acquisitions over the remaining months of this year.
June 6, 2017
B.P. Marsh & Partners PLC, the niche venture capital provider to early stage Financial Services businesses, announces its audited Group final results for the year to 31 January 2017.
February 28, 2017
B.P. Marsh & Partners Plc (AIM: BPM), announces that, further to its announcement on 4th January 2017, and all conditions to completion having now been met, the sale of its 37.94% stake in Besso Insurance Group Limited (“Besso”) to an affiliate of BGC Partners, Inc (“BGC”) has today completed.
February 20, 2017
B.P. Marsh and Partners Plc is pleased to announce that it has acquired, through a newly established company Paladin NewCo Limited (“Paladin”), an effective 35% shareholding in CBC UK Limited (“CBC”).
February 7, 2017
B.P. Marsh, the niche venture capital provider to early stage financial services businesses, is pleased to provide the market with an update on trading for the Group’s financial year ended 31 January 2017.
January 30, 2017
B.P. Marsh and Partners Plc is pleased to announce that it has subscribed for a 30% Cumulative Preferred Ordinary shareholding in Stewart Specialty Risk Underwriting Ltd (“SSRU”). SSRU is a start-up Specialty Casualty Underwriting Agency, based in Toronto, Canada. Established in 2016, by its CEO Stephen Stewart, SSRU will provide specialist insurance products to a wide array of clients in the Construction, Manufacturing, Onshore Energy, Public Entity and Transportation sectors.
January 4, 2017
B.P. Marsh & Partners Plc announces that it has reached agreement to sell its entire 37.94% shareholding in Besso Insurance Group Limited (“Besso”) for cash.
December 20, 2016
B.P. Marsh & Partners Plc is pleased to announce that it has acquired a further 6.87% in Nexus Underwriting Management Limited (“Nexus”), an independent specialty Managing General Agency (“MGA”), for a total consideration of £4.0m.
November 23, 2016
B.P. Marsh and Partners Plc is pleased to announce that it has subscribed for a 25% cumulative preferred ordinary shareholding in The Fiducia MGA Company Limited (“Fiducia”), a recently established UK Marine Cargo Underwriting Agency, for a total consideration of £75,000.