Announced
Synopsis
Specialist Risk Group, a fast-growing specialist insurance broker, agreed to acquire The Medical Professional Liability Company, a provider of international medical professional liability insurance. Financial terms were not disclosed. “The MPLC is delighted to join SRG and MX Underwriting. The MPLC shares the same cultural values and a commitment to service excellence. The MPLC will continue to provide our brokers and healthcare clients with a client-focused service. Access to MX Underwriting wider product lines and SRG resources will enable The MPLC to enhance our products, service, and offering to our UK and international healthcare clients. The MPLC’s focus on underwriting a profitable business portfolio on behalf of the Lloyd’s Syndicates, which have supported us for over 20 years, remains at the heart of our long-standing commitment to providing underwriting and claims management expertise. By joining forces with SRG, we remain committed to delivering excellence across the international medical professional liability industry,” John Young, The MPLC Founder and Managing Director.
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