AssuredPartners International Announces Acquisition of Borland Insurance Limited

The transaction has received regulatory approval and will be completed on 1 February 2021. The team of 30 will all remain in place and under the leadership of Borland CEO, John Silcock.

Founded in 1995 with offices in Edinburgh, Aberdeenshire, Fife and Colchester, Borland provides insurance solutions to a wide spectrum of commercial and private clients. With a particular emphasis on providing bespoke insurance programmes to protect against all forms of business risk ranging from property exposures to general liability/employer’s liability, contractors all risks to professional liability, Borland has developed a reputation for a client-centric approach capable of providing targeted solutions to complex risk scenarios.

David Heathfield, CEO of AssuredPartners International, said: “We look forward to working with John and his team and feel confident that the values upon which Borland has been built will prove to be a great fit with how we operate here at AssuredPartners. We are very excited about establishing a presence in Scotland and look forward to using the market knowledge that John has gained over the years as a platform from which to identify further acquisition opportunities across the UK in the near future.”

John Silcock, CEO, Borland Insurance, commented: “We were in the privileged position of having a great deal of interest in our business, but it quickly became clear that AssuredPartners offered something different to the other acquirers out there. The cultural synergies between ourselves and AssuredPartners were obvious from the outset of our conversations. This gave me the comfort that post-acquisition our clients would remain paramount to our service offering, whilst at the same time allowing the Borland team to be an integral part of the exciting project of growing the AssuredPartners’ operation across the UK retail space.”