Howden Scotland, formerly known as Bruce Stevenson, has acquired Neilson Laurence & Neil, a UK business insurance specialists based in Glasgow, expanding its footprint in the country.
This acquisition represents the first major transaction for Howden Scotland since adopting the Howden brand.
Through the acquisition, Neilson Laurence & Neil will fully integrate into the Howden Glasgow team, and broaden its portfolio of insurance and risk management solutions available to clients while increasing the scope of services offered, including D&O, PI and Motor.
Douglas Linn, Senior Partner, Neilson Laurence & Neil, commented: “This decision marks the culmination of careful consideration, and it’s clear that the timing is perfect.
“Joining forces with Howden Scotland, with their unwavering commitment to client satisfaction and deep industry expertise, will only serve to enhance our capabilities and reach.”
This transaction, the firm states, demonstrates Howden UK&I’s wider growth strategy to reinforce its widest geographical reach and deepest product line expertise across the UK market.
Kenny Hogg, CEO, Howden Scotland, said: “As Howden Scotland expands, it is essential that we continue to build on market expertise, and Neilson Laurence & Neil is therefore an ideal partner for us in this regard. I look forward to welcoming Douglas and his team to our Glasgow office, and collectively delivering the best possible solutions to our clients.”
