RPS buys rival to create single platform

Professional Adviser
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Risk Placement Services (RPS), an independent insurance brokerage firm, has bought the assets of its biggest competitor, the Special Risks Bureau (SRB), in order to create a single specialist insurance platform for the adviser market. Designed to streamline the process of applying for special risk insurance, which SRB also specialises in, the RPS Intelligent System allows advisers simultaneously to access panel providers' underwriters through one application form. This is in contrast to the multiple forms and numerous medical examinations of the old system, which life insurers would incur...

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