Scottish brokerage Clark Thompson expands office, doubles staff

Independent broker announces first stage of growth plan

Insurance News

By Lucy Hook

Clark Thomson (CTIB), an independent brokerage based in Scotland, has announced that it is expanding its Glasgow office, doubling both its workspace size and its staff numbers.

CTIB’s workforce will increase from three to eight full-time employees, including recent hires who were previously employed at Arthur J Gallagher & Co, D2 and Aviva, the company said in a release.

The brokerage has relocated to a larger space more than double the size of its previous office, which it first opened in April 2015.

CTIB credited a “stream of successful new business wins” for the move.

The company has invested more than £800,000 in its Glasgow operation with another £500,000 budgeted for the next two years.

The move is the first stage of a business development and growth plan, with the firm aiming to double turnover and staff numbers again in the next five years.

“Following our acquisition of the Willis Commercial business in Scotland in January 2015, we have rapidly built on the solid base of staff and clients it gave us in Glasgow,” CTIB’s regional director, Catherine Kelly said.

“With their knowledge and experience, our recent appointments have been invaluable to our growth plans and we will continue to build a pipeline of quality people we want to attract to our business,” she continued.

“CTIB is providing the Glasgow market with a new and credible independent insurance broking alternative to the existing players and we’re naturally keen to increase our market share in the city.”

The brokerage was recently awarded a Scottish Financial Services Award, which recognised the company for “bucking the trend towards centralisation and achieving outstanding growth, by delivering a local and personalised customer experience through a Scotland-wide branch network and strong client relationships.”

Ben Bailey, CTIB’s Managing Director, said the firm was delighted with the progress it has made so far, but sees further potential for growth in terms of profit, market shares and services provided.


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