Willis, Clark Thomson in industrial network Tie

Willis institution Holdings announced that Scottish impartial broking, Clark Thomson coverage brokers Ltd (CTIB), has agreed to sign up for Willis commercial network (WCN) in a deal that consists of the acquisition of Willis’s commercial business unit in Scotland, which makes a speciality of small and medium sized companies (SME).

CTIB is Scotland’s biggest independent coverage broking with 50 years of revel in in commercial coverage broker and a focus on SME commercial enterprise. With this commercial enterprise enlargement it will have eleven places of work throughout Scotland.

The declaration explained that the purchase of Willis’s commercial enterprise unit in Scotland “is difficulty to the delight of positive situations in the Asset buy agreement, scheduled to finish in April 2015. lively trading by means of Clark Thomson inside WCN is due to commence following the pride of those conditions.”

Sara Fardon, dealing with Director of WCN, said: “it's far with extraordinary pleasure that we welcome Clark Thomson coverage brokers into Willis industrial community. They join an energetic community in Scotland and we look forward to running intently with them.”

Alex Moore, Head of Willis GB’s Retail network delivered: “This transaction helps our approach in outstanding Britain which is to firmly cognizance on servicing the company marketplace without delay, and the small and medium sized enterprise sector through Willis business community.”

Ben Bailey, managing Director of Clark Thomson, expressed delight with the acquisition; adding that the “energy of our blended companies together with our membership of the Willis commercial network will ensure clients get hold of the depth of assets available to a global broker at the same time as additionally benefitting from the flexibility and neighborhood service skills demanded through the SME region.”

Willis additionally cited that, following a strategic evaluation, it “sold its SME business account in England to network member Chesham coverage in October 2013 and in December 2014 Allianz commercial enterprise offerings limited purchased Willis’s micro and SME commercial enterprise, Businesscare, and joined WCN.