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Paymentshield is creating 25 new jobs at its Southport-based insurance business.
Paymentshield is to close its insurance office in Edinburgh and relocate staff to sites in Southport and London, in order to integrate support functions with parent company Towergate.
Paymentshield is to relocate its head office from Southport to the Gyle area of Edinburgh in January 2007, with the creation of about 40 jobs.
Paymentshield, the Southport-based wholesale mortgage insurance company with 200 staff, has undergone a management buy-out for about £36m.