Global Risk Partners (GRP) has appointed David Cunningham into a new role as investment director.
Cunningham joined GRP in September and it said his prime focus will be developing M&A leads within retail broking and MGAs.
Cunningham will lead a team of three investment executives and will report to head of M&A Stephen Ross.
Ross said: “David is a very well-known figure in our sector, with an outstanding track record of business development during his time at Close Brothers Premium Finance.”
“Although we have already an excellent pipeline of acquisition opportunities, we want to step up the pace of our inorganic growth, in lockstep with the continued improvement in the Group’s organic growth performance.”
Ross added that while the scope of his role will be primarily M&A, he will have a dual responsibility for premium finance.
He said: “We want to draw on David’s experience and increase our premium finance revenue through a combination of increased finance penetration, and improved deals with our finance providers.”
Cunningham said: “GRP is one of the most exciting brands in the broking sector, and a great home for broking entrepreneurs who want to create value and share in the Group’s growth trajectory. I’m convinced that the pandemic will accelerate M&A activity in retail broking and I’m looking forward to being part of its ongoing success.”