Boyd & Company makes purchase to bring broker back into the Network
Broker Network partner, Boyd & Company has acquired Glenavon Insurance, a former Broker Network premier member and fellow independent Scottish broker.
This is the first acquisition the Network has made since Andy Fairchild left last week.
Established in 2009, Edinburgh-based Glenavon Insurance is an independent broker focusing on commercial and personal lines business within the SME sector.
The brokerage which manages almost £3m GWP, employs seven people and provides services to the Scottish market.
The Glenavon offices will be retained and the Directors, Kenny Whitton and Clive Hurn will remain as Account Directors.
Commenting on the partnership, Eric Richardson, Boyd’s managing director said: “I have known Kenny and Clive for a number of years and have watched them successfully grow and develop their business.
“Boyd & Company and Glenavon Insurance are aligned in numerous ways and I’m extremely excited to announce this development and look forward to delivering increased value to our clients via a strengthened team.”
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