Broking success: Kevin Nicol, managing director of GS Group
GS Group’s managing director Kevin Nicol tells Insurance Age how consolidation in the competitive Scottish market is creating opportunities for independent brokers
▶ What is the history of GS Group?
The company was set up in 1991 by George Stubbs. It started off as a one-man-band and has grown organically since then. It has roughly doubled in GWP every five years. What has given a slight boost to that is that George bought a book of business from Marsh a few years ago. Today we’re a £3m and a bit turnover business with about £23m GWP and just under 60 employees.
▶ How would you describe the business?
It’s an SME broker that has done everything from the
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