Towergate strengthens presence in Scotland
through acquisition of Moray Firth Insurance Brokers
Limited
Towergate Partnership today announces the
acquisition of Scottish insurance broking firm, Moray Firth
Insurance Brokers Limited. Under the deal, all 12 staff and
Directors have made the move to Towergate. The team will
continue to be led by Managing Director, Duncan Scott.
The acquisition further strengthens
Towergate’s position in Scotland where it already has broking
offices based in Glasgow, Aberdeen, Kirkcaldy, Berwick, Jedburgh
and Galashiels. Moray Firth’s offices in Inverness and Elgin
will now join forces with Towergate to further enhance a strong
regional broking capability and extend its geographical coverage
into Morayshire, Speyside and the Highlands.
Moray Firth Insurance Brokers Limited controls
premiums of circa £3.5m with a strong and well established
commercial and retail client base.
Alan McEwan, Towergate’s Regional Managing
Director said, “Duncan and his team at Moray Firth are a great
addition to our expanding business in Scotland, where our focus is
on further strategic acquisitions and strong organic growth to
ensure we continue to build a significant presence in
Scotland.”
Media Contacts
Russell O'Connor
Group Communications Manager
Towergate
Mobile: 07760 282586
Email: Russell.o'connor@towergate.co.uk