Bank of Scotland's (BOS) commercial insurance division has sold its book of farm insurance business to Carlisle-based Borderway Insurance Brokers.
Head of commercial insurance at BOS, Peter Thompson, said the deal, for an undisclosed sum, came into effect on 1 July.
As part of the deal, BOS will provide Borderway with leads from the bank's agricultural managers for new farm insurance business in Scotland.
Thompson said the decision to sell the business was taken due to the high level of on-the-ground support required to service the
portfolio.
Borderway managing director Philip Pagin said that it intended to offer all clients a full insurance appraisal within the next 12 weeks.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
