TL Dallas is a fourth-generation family firm, owned by its management and staff and it has been in business for more than 100 years. The company has a team of over 165 and provides a full range of commercial and personal insurance services.

The deal, expected to close in August 2024, will see TL Dallas take over Marsh Commercial’s teams in Elgin, Inverness and Kirkwall, strengthening its existing presence in the region.

Polly Staveley, group managing director at TL Dallas, said: “The acquisition of Marsh Commercial’s business in Elgin, Inverness and Kirkwall represents a significant milestone for TL Dallas, as we continue with our strategy to serve local businesses with local teams, whatever their size. We see this as a major growth region for our business.”

Alistair Fraser, CEO of commercial and corporate at Marsh, added: “I am pleased that TL Dallas, with its strong presence in Scotland’s Highlands and Islands where it serves personal customers and SMEs, will be the new custodian of our offices there.”