Seventeen Group has acquired Broker Scotland Ltd, a property sector specialist broker operating out of central Glasgow and handling Gross Written Premiums of £4.75M.
The business was formed in 2013 by owners Scott and Louise Campbell, who will be remaining with the business in the existing premises alongside the wider team.
Seventeen Group Chief Executive Paul Anscombe (pictured) comments: “We are delighted to welcome Scott, Louise and the team on board. Broker Scotland is a growing business seeking to develop further. With our recent acquisition of CCRS in Glasgow, we see the two teams working closely together to build our business in Scotland.
Seventeen Group now employs over 350 staff across 12 offices within the UK and has over 80 staff in three locations in Scotland. We are a Chartered Lloyds Broker with a Risk Management team and EU capability through our London Re joint venture based in Germany.
The wider James Hallam broking business has specialisms in several sectors including Medical, Hospitality, Travel, Events, Marine, Marine Trades, Town Councils, Construction, PI, Motorsport, Real Estate, Healthcare & Protection and Private Clients. We will be seeking to extend more of these specialties into Scotland where appropriate.”
Scott Campbell adds “This is the right move for our staff and clients. We have significant opportunities to grow our business but needed the right partner to help us deliver our ambitions. The expansion of Seventeen Group in Scotland is a great boost to the independent broking community.”