Budget has acquired Abercorn Insurance Brokers as part of its quest to buy 40 brokers by the end of the year.
All six staff and 1,800 policies - 80% in the motor trade - have been transferred to the Budget's Paisley offices.
Richard Elliot, Abercorn's former managing director, said: "It's been a family-owned business for 41 years, but I couldn't see it lasting long term unless it became part of an intermediary.
"I see a rush of brokers seeking to sell up in 12 months' time."
Budget retail network director Matthew Donaldson said: "Gaining these additional policies is a fantastic addition to the current business we have in Scotland."
Budget has a target of an extra 100,000 policies by June next year.
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.
