Finance
BMS completes "largest acquisition to date" with DR&P deal
Published by Global Banking & Finance Review®
Posted on December 20, 2024
2 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 20, 2024
2 min readLast updated: January 27, 2026
BMS Group has completed its largest acquisition by acquiring UK broker DR&P, expanding its UK presence and managing over £8bn in premiums.
(The Insurer) - Independent (re)insurance intermediary BMS Group has completed the acquisition of UK-based broker David Roberts & Partners (DR&P).
Following completion of the deal, DR&P chief executive John Page and managing director Simon Bland will continue in their roles. Page will now report to BMS Group CEO Nick Cook, and will join the group executive committee.
DR&P and its subsidiary companies will continue to operate under their existing brands.
The transaction marks BMS’s largest acquisition to date and creates a business managing more than £8bn ($10bn) of gross written premiums.
It expands BMS’s presence in the UK, particularly in the retail sector and speciality London markets.
Commenting on the deal, Cook said: “We are delighted to officially welcome DR&P to the BMS Group. The period leading up to the closure has demonstrated how culturally aligned both businesses are, which is the key consideration in our M&A strategy.
"We now look forward to the next phase, combining the expertise of both businesses and working collaboratively to enhance client service across territories and specialisms. John, Simon, and I have ambitious plans to deliver our shared vision ensuring our people, clients, and partners reap the benefits of this relationship.”
The main topic is BMS Group's acquisition of UK-based broker DR&P, marking its largest acquisition to date.
John Page and Simon Bland will continue in their roles at DR&P post-acquisition.
The acquisition significantly expands BMS's presence in the UK market, managing over £8bn in premiums.
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