Wed, 07 Jun 2017 | MERGER
Moreland Insurance Brokers and Greenwood Insurance have merged in a bid to implement an ambitious and focused development strategy going forward.
Announcing the move, the Scottish firms said:
“Our long-established firms are coming together in a move that aims to strengthen our proposition to all stakeholders of both firms including customers, staff and insurer partners. We already share many insurer relationships and operate in similar geographic and commercial market sectors"
Andrew Weir, Greenwood Insurances Director, explained that the ethos, values, and business profile of each firm are an excellent fit and should allow them to capitalise on their strengths.
“This new chapter will see us become a leading independent insurance broker in Scotland and will strengthen our proposition in key sectors including Scottish SMEs/small corporate businesses and charities/not for profits across the UK,” he said.
The merger is expected to take effect from 1 June 2017. Greenwoods is now the sole regulated entity, while all staff will continue in their existing roles. The deal price was not disclosed.
Subscribe to Business Sale Report here
The company supplies and installs a range of insulation and fire protection solutions across London, the surrounding counties, and South East England. Services that the company offers include thermal insulation for heating and vents, trace heating, a...
Project Hera offers a wide range of IT services to ensure that businesses can operate efficiently with the highest standards of security. The company’s comprehensive offering includes IT support, cyber security, hardware sales, consulting, cloud-base...
The company specialises in designing and implementing bespoke, end-to-end engineering solutions from concept through to manufacturing components and complete systems for a wide range of sectors, including motorsport, automotive, advanced engineering,...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.