The global insurance group Howden has acquired Laurie Ross, a Scotland-based personal and commercial lines broker.
Laurie Ross, established in 1973, operates from seven branches in and around Glasgow, focusing on providing insurance services for cars, homes, taxis, vans, and businesses in key business areas.
The acquisition aligns with Howden's goal of advancing its high street reach and supporting the growth of Howden UK & Ireland in Scotland.
The acquisition will enable Howden's high street branches to see a significant boost, reaching a total of 117, with an extensive network spanning over 200 centres across the UK.
Kelly Ogley, CEO of Howden consumer and local commercial, welcomed Laurie Ross managing director June Lynch and her team to the Howden team.
“Laurie Ross is a fantastic business and, culturally, it's a perfect fit as we're both committed to providing a local advised service that delights our clients, as well as working with and supporting our local communities,” Ogley said.
Lynch commented: “I am delighted that Laurie Ross is now part of Howden providing us with an even greater opportunity to enhance our capabilities and reach. Joining a well-known UK branch network, with values that mirror our own excellent reputation for unwavering commitment to client satisfaction, it's exactly the sort of partnership we were looking for.”
The Laurie Ross swoop follows Howden's Nordic expansion with the acquisition of Arctic Insurance AS.
