Glasgow-based insurance broker Solutions Healthcare has been acquired by Ardonagh Advisory, the SME broking platform within The Ardonagh Group, for an undisclosed sum.
Under the deal, Solutions Healthcare will operate as part of Ardonagh Advisory’s whole of market provider Towergate Health & Protection.
“Our business has grown and enjoyed success over the years, thanks to the strength of our relationships, our personally delivered service, and our attention to clients’ needs,” Solutions Healthcare managing director Alan Christie said in an emailed release.
“We chose Towergate Health & Protection as the new home for our business as it will enable us to offer the same great service, as well as providing value-adding opportunities for our clients.”
According to the announcement, co-founder Evelyn Christie will continue to guide the private medical insurance and employee benefits broker in a client-facing role.
Lifting the lid on the acquisition, Towergate Health & Protection chief executive Iain Laws said: “Solutions Healthcare presents a great opportunity to increase our presence in Scotland with a well-respected local business.
“We’re actively exploring options to expand our health & protection portfolio across the UK and are able to support businesses of all sizes to take their next steps.
“We know that many companies are currently considering the future of their business, and we have a range of opportunities available to help them achieve their ambitions.”
Set up in 2014, Solutions Healthcare offers advice on life assurance, critical illness, and business protection while providing an additional claims service.
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