Bluefin announces hat-trick of acquisitions

Bluefin today announces the acquisition of Lomond MacDonald Insurance Brokers from Lomond Capital, completed on 30th November 2015.

The Edinburgh based commercial and personal lines broker becomes the latest addition to Bluefin’s growing national presence. This follows the acquisitions of another Scotland based broker Leven Insurance and Bedfordshire based MasterPolicy Insurance Brokers which were completed earlier in the year. All three brokers were previously part of Broker Network.

Ray Smith, Managing Director of Lomond MacDonald commented: “We are really pleased to be joining Bluefin, one of the most well respected brokers in the market and with a strong existing presence in Scotland. The opportunities this will create for our clients make this a really good fit and we’re looking forward to becoming part of the group.”

Robert Organ, Chief Executive Officer of Bluefin, commented: “Completing the Lomond Macdonald, Leven and MasterPolicy acquisitions this year provide us with a tremendous opportunity to extend our commercial presence in the UK. We are delighted to see our successful acquisition strategy bearing fruit, a testament to the care and attention we provide clients and staff throughout the integration process. We continue to look for well-run brokers, of any size, large or small, that are a good fit for Bluefin both commercially and culturally. It is one of our key strategic priorities and we are continuing to build momentum in this area.”