​Acrisure-owned Russell Scanlan snaps up broker

Acrisure-owned Russell Scanlan has acquired Building and Land Guarantees (BLG) as part of plans to expand its services.

Leicester-based BLG is an insurance broker that specialises in in long-term construction projects.

This includes warranties for residential properties, insurance-backed guarantees, commercial property warranties, component parts guarantees and machinery and electrical plant warranties.

Mike Dickinson, sales and marketing director at Nottingham-based Russell Scanlan, said the deal “will allow the businesses to tap into existing client networks and will help both Russell Scanlan and BLG to share expertise in their respective specialist fields”.

“While Russell Scanlan continues to deliver its successful growth plan, we recognise that partnerships with those operating as specialists in specific sectors can be mutually beneficial – and certainly BLG’s reputation is substantial in its field,” he added.

“In addition, there are several synergies between the Russell Scanlan and BLG brands and location will play its part – both well-established east midlands brokers with a strong foothold in the UK’s heartland.”

Moves

As part of the deal, BLG will continue to operate under its current brand and with its current team of 12.

Dickinson will also join the BLG board alongside current directors Paul Rose and Mark Jackson.

“Our values at BLG bear strong similarities to Russell Scanlan’s, both being east midlands-based insurance brokers with robust ties to our respective fields and high levels of service recognised by our industry and client groups,” Rose said.

“Our growth has resulted from providing a friendly, personal service with nearly 20 years of experience in long-term construction projects.

“We will continue to adopt this bespoke approach under the BLG brand, with the support of the Russell Scanlan team.”