Clyde & Co is merging with Simpson & Marwick, Scotland's sixth largest firm and the largest insurance firm in the UK.
The firms confirmed that they were in talks earlier this year, and an announcement of a full merger is expected later today. S&M's eight UK offices will be rolled into Clydes' 38-strong global network, and they'll adopt their larger partner's name. In the insurance world, this is a marriage of two very big beasts.
Insurance rivals Kennedys will be seething at Clydes having managed to pull this off: S&M walked away from a merger with Kennedys in December 2013.
a Read all about it on Friday.
The firms confirmed that they were in talks earlier this year, and an announcement of a full merger is expected later today. S&M's eight UK offices will be rolled into Clydes' 38-strong global network, and they'll adopt their larger partner's name. In the insurance world, this is a marriage of two very big beasts.
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Two big beasts yesterday |
Insurance rivals Kennedys will be seething at Clydes having managed to pull this off: S&M walked away from a merger with Kennedys in December 2013.
a Read all about it on Friday.
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