Our parent company, Specialist Risk Group, is a fast-paced and ambitious insurance broker, based in the City of London. SRG has four business units and provides a tailored service to the unique markets and clients that each business unit has. Miles Smith makes up one of these business units and the other division the others are as follows: Specialist Risk Insurance Solutions – Specialty Clients, TUE – International Specialty Broking and SR Underwriting Solutions – Specialty Underwriting.
We are delighted to be part of a larger group and benefit from the increased size and buying power we command in the insurance market.
At Specialist Risk Group, we are governed by our mantra “Difficult. Done Well.”. We specialise in crafting solutions for specialist insurance needs, needs that other companies may actively avoid. We solve problems for brokers that they may struggle to find solutions for. Taking a people first approach, we empower our staff, enabling them to respond quickly to brokers. Our people are offered valuable learning and development and we aim to create an environment where we enjoy coming to work. We believe this means our colleagues will always provide an outstanding service to our broker partners.
Warren Downey is an experienced insurance CEO having led businesses in the UK, Scandanavia and Asia. His passions are strategy, execution and developing high performing teams. Warren joined SRG in August 2019.
Steve Lee, has been working for Miles Smith since 2000. He is the UK Specialty Broking Director and is responsible for the management of this division.
Barry has worked at Miles Smith for 20 years as an Account Executive and within Broker Relations. He has helped develop the distribution strategy for the group as well as initiating many of the large supporting relationships and network arrangements. He has enjoyed creating an expert team to continue to assist regional brokers with difficult and specialist placements.
In 2020, HGGC, a private equity fund manager, acquired the majority shareholding in Specialist Risk Group.
HGGC are relationship investors with operating backgrounds who seek to build differentiated middle-market businesses. They invest in companies that they believe have leading competitive positions in defensible markets where they can add value via their operating skills and relationships, focusing on sectors such as Financial Services and Business Services.
HGGC have 198 portfolio investments, with a total of $5.4 billion cumulative commitments. They seek to leverage their investor-operator skillsets and deep multi-sector networks to develop preferred partner relationships that encourage alignment of interests as they work to drive positive outcomes that lead to strong references and enhanced networks.
We benefit from the support provided by HGGC in reaching our growth targets and providing an exceptional service to our clients.