GS Group set to buy local broker

Deal merger

The business has struck a deal with I & D Insurance Services which is based in Alyth.

Scotland-based GS Group is set to acquire I & D Insurance Services for an undisclosed sum.

The Courier reported that MD of GS Group, George Stubbs, commented that the business was a good fit.

He told The Courier: “As the second largest independent operator in Scotland, over the years we have tended to grow organically.

“This may be an exception to the rule but we see it as a good fit.”

Staff
According to the report GS Group now employs more than 60 staff and has offices in Perth, Dundee

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: