The acquisition adds further expertise to the health and care division as Howden continues to invest in specialisms to support clients.
Founded in 2014 by James Dunsby and Chesney Phelps, MPRS provides accident and health, professional liability, medical malpractice, and commercial combined cover for general practice, private practice and GP federations.
MPRS will join the firm’s existing health and care division, bringing knowledge, skills and an understanding of the medical profession as the team looks to expand its current offering and expertise.
This is an important strategic partnership for Howden at a time when individuals and businesses have placed an increased value on their health as a result of the Covid-19 pandemic.
Mark Westgarth, managing director, Financial Lines, said: “We are delighted to welcome James, Chesney and the wider MPRS team to Howden. The acquisition of MPRS is consistent with our strategy of growing and creating specialist lines of business and developing our offering for clients.
“The acquisition reinforces our commitment to these essential services, and we are confident that together we can provide unrivalled support to medical professionals and healthcare organisations right across the UK. We look forward to embarking on this exciting new chapter together.”
Dunsby and Phelps added: “We are thrilled to announce our partnership with Howden, a business that feels like an instant cultural fit for the MPRS team and a natural home for an independent business like ours to flourish.
“We share the same approach to client centricity, innovation, and entrepreneurship, which is fundamental to our future success and our clients.”