ILC ARTICLE

Greenwood Insurances and Moreland Insurance Brokers merge

5th June 2019

Source: Greenwood Insurances

Date: 5/06/17

Greenwoods announce the merger with Morelands with effect from 1^st June 2017.

Merger Notification:

“Our long established firms are coming together in a move that aims to strengthen our proposition to all stakeholders of both firms including customers, staff and insurer partners. The ethos, values and business profile of each firm are an excellent fit and should allow us to capitalise on the strengths of both Greenwoods and Morelands when we come together on 1^st June 2017. We already share many insurer relationships and operate in similar geographic and commercial market sectors; our aim is that this merger will enable us to implement an ambitious and focused development strategy in the medium to long term. This new chapter will see us become a leading independent insurance broker in Scotland and will strengthen our proposition in key sectors including Scottish SMEs/Small Corporate Businesses and Charities/Not For Profits across the UK.”

All staff will continue in their existing roles from our offices in Stepps and Hamilton respectively and customer service will remain a priority for both Greenwood Insurances and Moreland Insurance Brokers.

As a result of this merger ‘Moreland Insurance Brokers’ will become a trading style of Greenwood Insurance Consultants Limited and Greenwoods will be the sole regulated entity with effect from 1^st June 2017.