Specialist Risk completed the acquisition of Capulus.

Specialist Risk, a specialist insurance broker provider, completed the acquisition of Capulus, an insurance underwriting agency in motor fleet industry. Financial terms were not disclosed. “Joining Specialist Risk Group and MX is an exciting new chapter for Capulus. We are proud of what the team has achieved so far and believe that, with SRG’s support, we can take our proposition to the next level. This partnership will accelerate our growth and enable us to offer even more robust solutions to our UK broker partners,” Darren Ovenden and Kevin Smith, Capulus Directors.