Howden, the London-based international insurance coverage group, introduced the acquisition of Laurie Ross, a private and business strains dealer based mostly in Scotland.
The addition of Laurie Ross will take Howden’s excessive avenue branches to 117, with a complete of over 200 facilities throughout the UK, Howden mentioned.
Monetary particulars of the deal weren’t disclosed.
Established in 1973, with seven branches based mostly in and across the metropolis of Glasgow, Laurie Ross providers purchasers and communities in key enterprise areas together with automobile, dwelling, taxi, van and enterprise insurance coverage.
This deal additional cements Howden’s ambition to proceed its excessive avenue enlargement, and helps the expansion of Howden UK & Eire in Scotland.
“Laurie Ross is a unbelievable enterprise and, culturally, it’s an ideal match as we’re each dedicated to offering a neighborhood suggested service that delights our purchasers, in addition to working with and supporting our native communities. We’re actually excited to welcome June Lynch, managing director of Laurie Ross, and the group to the Howden household,” commented Kelly Ogley, CEO of Howden Shopper and Native Business.
“I’m delighted that Laurie Ross is now a part of Howden offering us with a fair larger alternative to boost our capabilities and attain,” mentioned June Lynch, managing director, Laurie Ross “Becoming a member of a well known UK department community, with values that mirror our personal wonderful repute for unwavering dedication to shopper satisfaction, it’s precisely the type of partnership we had been on the lookout for.”
Based in 1994, Howden supplies insurance coverage broking, reinsurance broking and underwriting providers and options to purchasers starting from people to the biggest multinational corporations. The group operates in 50 nations throughout Europe, Africa, Asia, the Center East, Latin America, the USA, Australia and New Zealand, using 16,000 folks and dealing with $35 billion of premium on behalf of purchasers.
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