A LEADING Scottish insurance and financial services firm has finalised the six-figure acquisition of a long established insurance company, as it continues to expand across Scotland.
The Borland Group, which has offices in Dunfermline and Aberdeen, has secured a deal with a Fife-based firm, the former Carlyle Insurance Group, as part of Borland’s on-going business growth strategy to deliver expert insurance advice to both commercial and private clients.
As part of the acquisition, Borland will take over the insurance firm’s Kirkcaldy office, to further strengthen Borland’s presence throughout Scotland.
The move increases the experienced team to 57 across the three locations, with the nine Kirkcaldy based staff becoming Borland employees.
Chief executive of Borland Insurance, John Silcock, will manage the Kirkcaldy base as the firm plans to enhance services for current and future clients by providing holistic insurance and financial advice throughout Scotland.
The firm also has future plans to increase staff numbers by up to 20 per cent within the next 12 months, creating a number of employment opportunities in the area.
Mr Silcock said: “We are committed to growing the business and becoming one of Scotland’s leading independent insurance brokers and financial advisors – and this acquisition puts Borland in a strong market position to achieve this.
“The Kirkcaldy firm has long been established and shares a similar reputation with the rest of the Borland Group for providing clients with a high quality and expert service.
“Our expanding team of skilled insurance specialists places us in an ideal position as we continue to develop the business throughout our three existing operations.”
The Borland Group, which incorporates Borland Insurance Ltd, Borland Financial Management Ltd and Aberdeen-based financial advisory firm, McHardy and Burnett, offers fully independent and coordinated insurance advice, investments and pension advice.
The firm is committed to working closely with clients to protect their business and assets, with up-to-date knowledge of the market.
To find out more about the Borland Group, and its services, contact 01383 623300 or visit www.borlandinsurance.co.uk / www.mchb.co.uk.
Issued by Frasermedia Ltd on behalf of Borland Insurance and McHardy & Burnett.
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Contact: Jillian Sheran