Lockton businesses, LLP introduced that it has reached
settlement to acquire the Glasgow wellknown insurance commercial enterprise of
Griffiths & Armour. The transaction, finished on October 1st, “builds on
Lockton’s investments inside the Scottish company insurance market following
the strategic hires introduced in June of Gordon Duncan, Gordon McLagan, and
Nichola Martin,” the statement stated.
Gordon Duncan, Head of corporate, Scotland for Lockton
commented expressed pleasure that “Graeme Stirling and his group are becoming a
member of Lockton.” He additionally indicated that the purchase “further
strengthens Lockton’s position in Scotland as a blended commercial enterprise
and presents substantial credentials, competencies and assets to help our clients
develop and thrive.”
Lockton also cited that the purchase “will supplement the
set up expert and monetary lines enterprise in Edinburgh, led by way of
Lorraine Boyle, and increases the variety of coverage and risk management
experts employed by means of Lockton in Scotland to greater than 25.”
Lockton stated its “corporate chance enterprise in Scotland
works with clients in all sectors seasoned-actively designing and enforcing
bespoke coverage and chance management solutions to protect their stability sheet
and help them become greater successful.”
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