Specialist Risk Group announces completion of investment partnership with Warburg Pincus and Temasek

London, UK – 30 September – Specialist Risk Group (“SRG”) the fast-growing, people and culture focussed, specialist insurance intermediary has today announced the completion of the transaction for the majority of its shares to be acquired by Warburg Pincus, a global growth investor, and Temasek, a global investment company headquartered in Singapore.

With the necessary regulatory approvals now received, this strategic partnership marks a pivotal moment in SRG’s journey, as it embarks on the next phase of its growth strategy with renewed financial backing and high-level strategic support from its new partners.

The partnership with Warburg Pincus and Temasek underscores the strength of SRG’s business model and the confidence of these leading global investors in SRG’s vision and potential. The additional firepower from this investment will enable SRG to accelerate its growth, expand its specialist capabilities, and continue to deliver exceptional value to its clients across complex risk sectors. This marks a significant moment in Chapter 2 of the SRG story which will be marked by internationalising the business.

Warren Downey, Group CEO of Specialist Risk Group, commented:

“Securing Warburg Pincus and Temasek as our investment partners is not just an endorsement of our business model but a significant milestone that will shape the future of Specialist Risk Group. This partnership brings greater firepower and a strategic edge, enabling us to move decisively through the next chapter of our growth journey. Our vision is to continue our people and culture obsession and specialist orientation whilst expanding internationally. With the support of Warburg Pincus and Temasek, we are uniquely positioned for the next chapter of the SRG story.’

James O’Gara, Managing Director at Warburg Pincus, said:

“We are delighted to partner with the talented management team at Specialist Risk Group. SRG’s distinctive focus on specialist and complex insurance, and its unique people and culture approach, sets it apart. We believe our investment alongside Temasek will help to cement SRG’s leading position in the UK, and creates a platform to expand internationally.’’