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PE house buys 30% stake in Lloyd's broker

Lloyd's of London building

NCG Professional Risks, the London based Lloyd’s insurance and reinsurance broker, has today announced that it will receive a £1.4m investment to accelerate its expansion strategy.

As part of thye deal BP Marsh & Partners, a niche venture capital provider to the financial services sector, has acquired a 30% equity stake in NCG Professional Risks' holding company, US Risk (UK)

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