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5 February 2024 Insurance

Ardonagh acquires Scottish healthcare broker as UK demand rises

Ardonagh Group’s SME broking platform Ardonagh Advisory is expanding its  presence in Scotland with the acquisition of Solutions Healthcare Ltd, a healthcare insurance broker.

The healthcare broker was founded in 2014 by directors Alan and Evelyn Christie and is based in Glasgow. It offers advice on private medical insurance and employee benefits including life assurance, critical illness and business protection. Solutions Healthcare also provides an additional claims service, ensuring clients receive a fully supported, end-to-end service.

As part of the M&A, the broker will sit within Towergate Health & Protection, which is one of Ardonagh Advisory’s companies.

Evelyn Christie will continue to guide the business in a client-facing role against the backdrop of a fast-growing health insurance market, which is being fuelled by increasing demand for private healthcare in the UK.

Alan Christie, managing director at Solutions Healthcare Ltd, said: “Our business has grown and enjoyed success over the years thanks to the strength of our relationships, our personally delivered service and our attention to clients’ needs.

“We chose Towergate Health & Protection as the new home for our business as it will enable us to offer the same great service, as well as providing value-adding opportunities for our clients.”

Iain Laws, CEO, Towergate Health & Protection said: “Solutions Healthcare presents a great opportunity to increase our presence in Scotland with a well-respected local business. 

“We’re actively exploring options to expand our health and protection portfolio across the UK and are able to support businesses of all sizes to take their next steps.

“We know that many companies are currently considering the future of their business, and we have a range of opportunities available to help them achieve their ambitions.”

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