Scotland
Partners& strikes pair of deals
Partners& has bought Glasgow-based Blackford Group and Directors & Professionals, a commercial broker in Tunbridge Wells, in its first deals of 2025.
Ecclesiastical grows presence in Scotland opening office in Glasgow
Ecclesiastical Insurance has opened an office in Glasgow after it saw a surge in new business in Scotland.
Partners& rebrands Scottish broker MacDonald Group
Scottish broker MacDonald Group is rebranding to Partners& following its acquisition in 2022.
Howden buys Scottish broker
Howden Scotland has bought Edinburgh-based SKB Independent Insurance Brokers.
FSCS opens to claims after Scottish broker stopped from trading by FCA
The Financial Services Compensation Scheme has opened for claims from customers of Arthur Temlett, who traded as Abacus Insurance Consultants and was forced to stop carrying out any regulated activities by the Financial Conduct Authority at the start of…
Northern Ireland tops table for account exec pay rises
Insurance account executives in Northern Ireland had the highest percentage pay rises in the UK last year, with London-based employees still having the top wage but getting the smallest rate increase, according to a survey by Reed.
FCA issues restrictions on Scottish broker because of personal lines premium concerns
The Financial Conduct Authority has taken action to stop Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.
Flood Re targets Scotland in resilience drive
Flood Re is targeting Scotland, promoting property-level flood resilience and aiming to help communities better prepare for future flooding events.
Gallagher promotes three to RMD as Patterson takes North West chair role
Gallagher has promoted James Fletcher, Mark Kerry and James Murray to regional managing director roles, all reporting to Peter Matthews, managing director of the North for Gallagher’s UK and Ireland Retail division.
Industry reacts to discount rate change
Insurance industry specialists have welcomed the government moving the personal injury discount rate to 0.5% with PwC calculating it will lower motor premiums by £50 on average.
Personal injury discount rate shift will cut motor premiums, says PWC
The government will move the discount rate applicable to personal injury lump sum compensation payments to 0.5% as of 11 January 2025.
People Moves: 18 – 22 November 2024
Follow the latest insurance personnel moves.
Seventeen snaps up four brokers in October
Seventeen Group purchased four brokers across the UK in October after a string of deals throughout the year.
The general insurance sector in Glasgow – a dynamic market thriving in competitive times
As with many markets Scotland’s general insurance hub Glasgow has seen consolidation but Martin Friel notes both brokers and insurers are buoyant about the opportunities, with local empowerment key to success.
Organic growth boosts TL Dallas to £13m turnover in 2023
Bradford-headquartered TL Dallas Group topped £1m in post-tax profit in 2023 as turnover rose 14.2%.
PwC tips Northern Irish motor premium to drop 15% after Government review
Motor insurance premiums for Scottish and Northern Irish drivers have been tipped to decrease by an average of £60 (10%) in Scotland and £90 (15%) in Northern Ireland following a Government review.
Arch expands presence in Glasgow with new office
Arch Insurance’s UK regional division has announced it has opened a new office in Glasgow as part of its growth strategy for the region.
Aviva grows its presence in Glasgow
Aviva is moving its trading offices in Glasgow’s city centre financial district to accommodate 26 employees and serve as a base for its mid-market, distribution, schemes and GCS teams.
TL Dallas grows Scottish presence buying Marsh Commercial’s Highlands and Islands business
TL Dallas has signed up to buy Marsh Commercial’s business in the Highlands and Islands of Scotland, with the deal expected to close in August.
Biba 2024: Gallagher’s Peter Matthews upbeat on prospects for North West
Gallagher’s area managing director for the North has hailed ongoing organic growth in the North West and improved insurer service as the broking giant eyes up more acquisitions.
Acrisure expands in Scotland with WH&R McCartney buy
Acrisure has added to its reach in Scotland snapping up Motherwell-based WH&R McCartney.