Independent insurance intermediary group, Global Risk Partners (GRP) has announced the appointment of Duncan Carter as chief executive officer retail.
In his new role, he will report to Mike Bruce group chief executive officer and joins the business from Marsh UK where he most recently served as head of placement and networks.
Carter has spent over three decades in the UK insurance industry, on both the broking and insurer side. He spent nine years at Marsh, where he held a number of senior market-facing roles including managing director, markets, direct and partnerships. Prior to this, he served 18 years at Allianz in the commercial division, where he was head of Premierline Direct before joining Jelf (now Marsh Commercial) in 2012.
Bruce said: “The Retail division is the largest business in GRP, and the exponential growth we have seen over the last few years is set to continue with a great pipeline of acquisition deals in play. Our model is to integrate, digitise and drive organic growth in the brokers we acquire, and as CEO Retail, Duncan will join the GRP Executive to spearhead these ambitious plans.
“Duncan is another great appointment for GRP and follows COO Steve Anson from Ardonagh in April. He is a seasoned practitioner with the breadth of experience to make a big and positive difference to our high performing Retail division.”
Adding: “GRP’s ability to attract the best senior industry talent is key to our strategic ambitions, and we will continue to seek out top talent to drive performance across all our businesses.”
Carter said: “GRP is a stellar brand and I’m excited to be leading the retail business at this time. My priorities will include working alongside Steve [Anson] and the existing Retail leadership team to push through GRP’s digital transformation agenda, ensuring that we deliver our ambitious organic growth targets, and keeping up the momentum on our M&A pipeline.”
“The broking sector is going through a significant period of change, accelerated by Covid, and the opportunities for driving growth are in plain sight for businesses with the right model and with strategic intent. It is clear that GRP will be one of the winners from this latest cycle and I look forward to being part of this successful team.”