This international insurance broker and underwriting group was formed in 1994 when chief executive David Howden led a buyout from Lloyd’s broker SBJ. Since 2011, acquisitions and new offices in southeast Asia, Brazil, Austria and New York helped international sales rise to £89.5m in 2012. In March it announced General Atlantic had agreed to buy all of 3i’s and the majority of BP Marsh’s shares in the group, valuing the firm at £250m.
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