London-based underwriting agency and broking business Specialist Risk Group has expanded its presence in the healthcare market with the acquisition of Superian Insurance Group.

UK-based Superian specialises in medical malpractice, healthcare liability and professional indemnity.

SRG launched in Australia in February under plans to expand in the Asia-Pacific region.

Its deputy group CEO Lee Anderson says Superian is an entrepreneurial, founder-led business that has grown rapidly into a global intermediary since being founded in 2011.

It operates as a wholesaler, retailer and managing general agent, offering one-off risk placements, binding authority arrangements, in-house MGA capabilities, reinsurance solutions and London market support services.

“Its strong position in the medical and healthcare sectors, combined with its multichannel distribution model, makes it a highly complementary addition to SRG,” Mr Anderson said.