Towergate claims merger is 'income growth exercise'

George Square Glasgow

The three affected businesses are MacDonald Reid Scott, which was purchased in 2008, Peacock Robertson, a former Broker Network Insurance Brokers operation and Towergate Risk Solutions, Glasgow.

Jon Walker, the newly-appointed managing director of Towergate's retail division, said: "We are integrating three businesses that had previously been run as individual offices. The merger will create some natural efficiencies but there are no planned redundancies. This is not a cost-saving exercise; it's

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