Reinsurance News

Howden expands UK network with acquisition of Laurie Ross

23rd January 2024 - Author: Akankshita Mukhopadhyay -

Share

In a strategic move to expand its presence in the UK, Howden, the global insurance group, has successfully acquired Laurie Ross, a prominent personal and commercial lines broker based in Scotland.

The announcement was made as part of Howden’s ongoing commitment to growth and the strengthening of its high street presence in the region.

The addition of Laurie Ross, established in 1973 with seven branches in and around Glasgow, will bolster Howden’s high street branches to a total of 117, contributing to a network of over 200 centers across the United Kingdom.

Laurie Ross specialises in offering a range of insurance services, including car, home, taxi, van, and business insurance, catering to clients and communities in key business areas.

Kelly Ogley, CEO of Howden Consumer and Local Commercial, expressed enthusiasm about the acquisition, stating, “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. We’re really excited to welcome June Lynch, Managing Director of Laurie Ross, and the team to the Howden family.”

June Lynch, Managing Director of Laurie Ross, echoed the sentiment, saying, “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.”