Scotland
Bruce Stevenson commits to independence amid M&A interest
CEO Edward Bruce said consolidator interest in the Scottish broker was increasing as it posted ‘record’ turnover for 2019.
Bruce Stevenson posts ‘record’ turnover for 2019
Broker credited growth to renewable energy, social housing, and food and drink.
Brunel takes from Jelf/Marsh Commercial for Scotland lead
James Packer will look after Scottish business that Brunel had placed with its southern offices.
Greenwood Moreland buys Scottish broker
The deal takes the number of Greenwood Moreland offices to three.
Disappointment as Scottish discount rate to remain at -0.75%
Lawyers warn that the lower rate in Scotland can cause delays and lead to higher costs for Scottish taxpayers after the rate in England and Wales was changed to -0.25% in July.
Marsh to retire Jelf name amid commercial rebrand
The broker warned that some local offices would be merged following its deals with Clark Thomson, Bluefin and JLT as it rebrands to Marsh Commercial.
GS Group set to buy local broker
The business has struck a deal with I & D Insurance Services which is based in Alyth.
Four TL Dallas staff move to Blackford as part of its customer book purchase
Blackford founder and MD Tom Aldridge reveals the details of the deal and discusses the newly launched broker's acquisition strategy.
Kevin Nicol leaves GS Group
He first joined the Scottish broker as MD in January 2018.
Glasgow’s Blackford buys customer book worth £3m from TL Dallas Edinburgh
Broker opens a new office in Fountainbridge, Edinburgh, to accommodate its expansion, led by former Central-man, Tom Aldridge.
Greenwood Moreland buys Campbell Smith
The deal takes Greenwood Moreland to £10m of GWP annually.
Boyd buys Edinburgh-based Glenavon Insurance
Second purchase for Boyd since it was bought by Broker Network in May 2017.
Sure Thing! losses stable at £3.41m for 2018
GWP and policy numbers both increase.
Quizzical questions: 5 October 2018
Test your knowledge of the week's news with our topical quiz.
Brokerbility adds CCRS in Scotland
New member takes total to 27.
Bruce Stevenson buys Youngson Insurance Consultants
The deal adds around £2.5m in GWP to the Scottish broker’s numbers.
Jelf bought Clark Thomson for £23.3m cash
Company results also showed £5.6m of deferred costs payable if performance criteria are met.
PIB Group buys Albany Childcare in 17th deal
Glasgow-based Albany provides insurance for family run childcare businesses.
Kevin O’Neill to lead Allianz branch in Glasgow
Stephanie Ogden leaving to work in Lloyd’s.
Ex-Aviva employee jailed for 22 months after £90,000 fraud
Fraudster took money from the insurer to fund gambling habit.
Boyd strikes first takeover deal under Broker Network
Firm buys Insureness in Scotland.
Allianz brings together North England and Scotland
Insurer says move increases its presence for brokers in the regions and confirms it does not involve any branch closures.
Phil Barton hails Clark Thomson buy as the "perfect deal"
CEO says Jelf was previously underrepresented in Scotland and opens up on the potential for future deals.
Jelf to buy Clark Thomson
First deal for Jelf since it was bought by Marsh in 2015.