In January Henderson said office of six would be led by Central Insurance Services ex-regional director Tom Aldridge


Henderson has scrapped its plans to set up an office in Glasgow.

Henderson announced in January that it was going to open its first office in Scotland in March.

The office of six staff was going to be led by Central Insurance Services (CIS) former regional director, Tom Aldridge.

But chief executive Joe Henderson has confirmed the office would no longer be opening but added the broker was still doing business in Scotland.

He did not disclose further details.

Henderson added: “It was not in our interest to pursue the plans and we just decided it was not viable.

“The business plan initially was good, but after looking at it more we were not convinced it would be a success.”

Henderson added he was planning to provide more details on the staff situation next week.

Marsh bought CIS back in January 2014.

The Scottish broker, which had four offices in the north of England had brought in revenues of £10.9m in 2012 (2011: £8.6m).

Join the debate in our new LinkedIn specialist discussion forum