Former boxer hurt Scotsman in company (8)

I believe the answer is:

marciano

'former boxer' is the definition.
(Rocky Marciano)

'hurt scotsman in company' is the wordplay.
'hurt' becomes 'mar' (I've seen this before).
'scotsman' becomes 'ian'.
'in' means one lot of letters goes inside another.
'company' becomes 'co' (abbreviation).
'ian' inserted inside 'co' is 'ciano'.
'mar'+'ciano'='MARCIANO'

(Another definition for marciano that I've seen is " old boxer".)

I've seen this clue in The Times.

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