- B.P. Marsh & Partners 35%-held XPT Group has acquired Western Security Surplus Insurance Brokers, Inc.

B.P. Marsh said this was the first acquisition made by XPT, as part of its plan to develop a wholesale insurance broking and underwriting agency platform across the US speciality insurance sector.

The group invested in XPT in June with the provision of $6m of equity funding, alongside XPT Management Team Partners.

At 8:08am: [LON:BPM] B.P. Marsh Partners PLC share price was 0p at 245p

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