Scotland’s biggest independent insurance broker is enhancing its presence on Tayside.
The Perth -based GS Group has acquired the family-run Strathtay Insurance Brokers, which was founded in Dundee in 1974 by Charles Robertson.
His successors Nigel, James and Hannah Robertson will transition to the GS Group, while Alison Duncan plans to retire after assisting with the handover process.
George Stubbs, managing director and founder of the Shore Road based GS Group, which handles around £30 million business annually, said: “We are delighted to add such a well-known Dundee broker to our portfolio.
“The GS Group started more than 30 years ago and we remain proud of our independent status.
“We opened our City Quay offices in Dundee nine years ago and the acquisition of such a respected firm as Strathtay Insurance Brokers will further strengthen our position in the Tayside market.
“We are delighted that Nigel, James and Hannah will join us at City Quay and we wish Alison a long and happy retirement.
“They are well-known and respected in the local business community and we were delighted to be approached to take over the business.
“In addition to day-to-day insurance broking, we offer risk and claims management as well as the full range of financial services products via our sister company George Stubbs Financial Services Ltd.
“We will do everything in our power to ensure the transition is as smooth as possible.”
Nigel Robertson said the GS Group was the perfect fit.
“With the partners each over 60 and having amassed 125 years combined service, we felt the time was right to step back and take things a bit easier, while ensuring our clients would enjoy the same quality of service they have come to expect over the years,” explained Nigel.
“We looked at a number of like-minded firms which would share our business ethos and commitment to our clients.
“We are delighted to say that the GS Group more than matched our expectations.”
Mr Robertson reflected on widespread changes which have taken place in the insurance industry over the last 40-plus years.
“The financial services industry has evolved and we have seen many changes in the types of products available.
“New names have entered the market, with familiar ones such as Commercial Union, General Accident and Norwich Union disappearing.
“Legislation has given customers more financial protection and we have been at the forefront of these changes, making sure our clients have received the best in terms of service and the products and insurers we recommend.”
