Managing director Mike Bruce says the buy will add ‘significant value’ to broking and MGA clients

GRP has bought its first specialist risk management firm in Health and Safety Click Ltd.

The Essex-based company offers SMEs online enterprise risk management, compliance and training solutions, GRP said in a statement.

Managing director Mike Bruce added that H&S would be “a significant value-adding offering for our broking and MGA clients providing them with a market leading online risk management tool”.

GRP-broker Alan & Thomas had recently spoke to Insurance Times about the importance of good risk management from clients in the leisure sector.

“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”, Bruce said.

H&S founder and managing director Rosalind Klass will continue in her role.

She said that the chance to build her 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.”

Last month GRP bought specialist insurance provider 3XD Limited. The broker, which jumped three places in the newly released Insurance Times’ Top 50 Brokers report, is understood to have several more acquisitions in the pipeline for the second half of this year.