29.6%

17.3%

Category
Broker
Jurisdiction
USA
Investment date
June 2017
Latest valuation
£60,620,000

In June 2017, the Group invested $6,000,000 for a 35% shareholding in the U.S. based specialty lines insurance distribution company, XPT.

The Group invested in XPT, through its wholly owned subsidiary company, B.P. Marsh (North America) Ltd. The Group backed the ex-Swett & Crawford CEO Tom Ruggieri and a strong management team to develop a wholesale insurance broking and underwriting agency platform across the U.S. Specialty Insurance Sector.

Since XPT was established, it has made 16 acquisitions. Western Security Surplus Insurance Brokers, is a Wholesale Broker and Managing General Agency, which specialises in Property & Casualty insurance. W.E. Love & Associates, is a Managing General Agency which specialises in Trucking Liability and Physical Damage & Motor Truck Cargo. SVA Underwriting Services is a Managing General Agency and Lloyd’s Coverholder which specialises in Physical Damage and Cargo cover for the Trucking Insurance sector

Recent News

New Investment – Supporting the growth of XPT Group

New Investment – Supporting the growth of XPT Group

14 August 2025
Follow on Investment – XPT Group LLC

Follow on Investment – XPT Group LLC

27 November 2024
Investee Company Update – XPT Group

Investee Company Update – XPT Group

6 February 2023
Investee Company Update – XPT Group

Investee Company Update – XPT Group

7 October 2021
Investee Company Update – XPT Group

Investee Company Update – XPT Group

6 January 2021
Further Progress at US Investee Company XPT Group

Further Progress at US Investee Company XPT Group

5 August 2020
Investee Company Update – XPT Group

Investee Company Update – XPT Group

23 April 2020
Investee Company Update – XPT Group

Investee Company Update – XPT Group

16 September 2019
Investee Company Update – XPT Group

Investee Company Update – XPT Group

18 January 2019
Investee Company Update – XPT Group

Investee Company Update – XPT Group

6 November 2017
Investment in XPT Group

Investment in XPT Group

19 June 2017
Investee Company Update – XPT Group

Investee Company Update – XPT Group

29 January 2017