SRG acquires specialist insurance intermediary

Specialist Risk Group (SRG) has purchased insurance intermediary firm Superian Insurance Group.

Founded as a regional broker in 2011 by current chief executive Noah Jamal, Superian now operates as an independent global insurance intermediary with a focus on the medical and healthcare sector, particularly medical malpractice, healthcare liability and professional indemnity.

SRG said that the purchase would allow it to expand Superian’s healthcare offering – led by group managing director Dr Edwin Rajadurai – into the Middle East and APAC regions.

It also said that the purchase accelerates its growth strategy across specialist risk segments, due in part to Superian’s operation “across the value chain as a wholesaler, retailer and MGA, providing clients with flexible access to specialist insurance capacity”.

Strong position

Lee Anderson, deputy group chief executive at SRG, said: “Superian is an entrepreneurial, founder led business that has grown rapidly into a highly respected global intermediary.

“Its strong position in the medical and healthcare sectors, combined with its multichannel distribution model, makes it a highly complementary addition to SRG. We are delighted to welcome Jamal and his team to the group as we continue to scale our specialty platform internationally.”

Jamal added: “Joining SRG represents an exciting next chapter for Superian. We have built a business focused on delivering specialist expertise and high quality solutions to our clients and SRG provides the ideal platform to accelerate that growth.

“With access to broader capabilities, international reach and shared entrepreneurial values, we look forward to expanding our offering and continuing to deliver for our clients and partners.”