In 1857, the Association of Underwriters & Insurance Brokers in Glasgow , Scotland, formed the Glasgow Underwriters' Committee for the Protection of Underwriting Interests. Similar bodies already existed in London and Liverpool, England, and the Glasgow Committee regularly swapped information with these, as well as operating the salvage steamer Rescue and employing its own salvage officers. In 1858 , it purchased a second salvage steamer, Glowworm . On 10 September 1857, the committee was incorporated as the Glasgow Association for the Protection of Commercial Interests as Respects Wrecked and Damaged Property . Its objects were to protect the interests of owners and underwriters by promoting despatch and economy in the salvage of ships and their cargoes and it was managed by a committee who employed a staff of surveyors and wreck agents including the British Marine Salvage Company Ltd , Glasgow. In 1895 , the company changed its name to the Glasgow Salvage Association and, on 1 January 1924, it merged with the Liverpool Salvage Association to form the Liverpool & Glasgow Salvage Association . Although the two associations worked closely with each other they retained separate offices and sent nominated representatives to one another's meetings. The minutes of the Liverpool & Glasgow Salvage Association record that this situation was hampered as a result of wartime conditions and the subsequent restrictions which were placed on travelling and it was deemed unnecessary to continue with this practice during the war years. It is unknown as to when the company ceased trading.
From the guide to the Records of Glasgow Salvage Association, Glasgow, Scotland, 1857-1941, (Glasgow University Archive Services)