RPC advises Oneglobal on B.P. Marsh & Partners investment

International law firm RPC has advised Oneglobal, the international retail and wholesale insurance broker, on B.P. Marsh & Partners Plc’s £10m investment into the business.

The investment, structured through cumulative convertible preferred shares, provides Oneglobal with strategic growth capital to support its international expansion.

Founded in 2018 through the merger of two J.C. Flowers owned Lloyd’s brokers, Oneglobal now operates across 15 offices worldwide, specialising in marine, property, aviation, financial lines, energy, and casualty. The investment will initially support the acquisition of a Bermudian specialty insurance broker and further expansion into Asia.

The RPC team was led by Corporate Insurance Partner James Mee, supported by Senior Associates Yexi Tran and Rupert Wyles.

James Mee remarks: "It has been a pleasure advising Oneglobal on this significant investment. The partnership with B.P. Marsh provides Oneglobal with additional capital and sector expertise to accelerate its growth ambitions. It also highlights the ongoing appeal of the London market to long-term investors in specialty insurance."
 
B.P. Marsh & Partners announcement: New Investment - Oneglobal Broking Holdings Limited.