CCP TopCo, the holding company of insurance and reinsurance broker RFIB Group Ltd, will rebrand as Risk Transfer Group as part of a strategy to double revenues to £100 million by 2021.
Risk Transfer Group intends to achieve this through RFIB Group becoming the leading independent wholesale broker in its specialty fields. In addition it will utilize its Limehouse Agencies holding company to both acquire and set up managing general agents and captives. Risk Transfer Group intends to announce a new acquisition in the next quarter and will create a U.K. captive management business later in 2018 to support its growth plans.
Steven Beard, CEO of Risk Transfer Group and RFIB, told Artemis in an interview that the company is in the process of securing regulatory approval for the establishment of a Guernsey domiciled protected cell company.
