McGill and Partners signs agreement for new office space

Move looks to cater for continued growth

McGill and Partners signs agreement for new office space

Insurance News

By Mia Wallace

The specialty (re)insurance brokerage McGill and Partners has today announced it has signed a heads of agreement with M&G to relocate into a brand-new office space in the heart of the City and London’s insurance district.

In a move described by McGill & Partners CEO Steve McGill as “hugely exciting”, the firm will look to move into 40 Leadenhall London, when completed. It will sign a 16-year lease on 43,000 sq ft of office space, representing an increase of more than 50% in its current footprint. In a Press release, the broker noted that the expansion reinforces its ambitions for long-term growth, enabled by the acquisition of more great talent.

The relocation is expected to take place by September 2024, subject to contract.

Commenting on the upcoming move, McGill said: “The new building is exceptional, and it will be a great place for our colleagues to work and will help support our significant growth plans going forward.  Our people are our greatest asset, and we believe it is important that we provide them with world class facilities that enhances our industry leading colleague value proposition and drives teamwork and productivity as we look to deliver exceptional services to our clients.”

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