Towergate Group
Towergate is a familiar name in the Top 100 and is another business founded by Peter Cullum. It is now part of the Ardonagh Group which is helmed by David Ross.
Towergate features in the Insurance Age Top 100 Insurance Brokers 2021 listing. Find out what other companies made the cut.
Axa makes agricultural deal with Towergate-owned BiBU
Insurer says existing business with brokers will not be affected.
Ross: management will not "cut its way to fixing the business"
But CEO admits there will “headcount changes” to create efficiency and “build an amazing business”.
Regulatory costs and SBU income drop impact Towergate
Broker acknowledges that Manchester small business unit has been a “challenge” as regulatory costs rise to £8.8m.
Towergate results reflect trauma, says Ross
New CEO says consolidator's focus will be on integration and infrastructure going forward.
Towergate posts £5.5m ebitda loss for third quarter of 2015
Adjusted ebitda falls 50% for the three month period.
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Matthew Reed to leave Axa
Reed joined as MD of intermediary and direct in 2011, but moved to global role in June 2014.
Three executives to leave Towergate's SBU in Manchester
Consolidator says it is implementing a new structure.
Nel Mooy to leave Towergate
CEO of personal underwriting will be succeeded by Alex Fletton.
M&A director Ryan Brown exits Towergate
Broker confirms three departures.
New Gallagher UK Retail CEO Stuart Reid to tackle integration
Reid says his background integrating businesses at Bluefin will stand him in good stead.
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Former Towergate brokers set up sports and leisure MGA
Insuractive says it will provide solutions for brokers across all sporting genres.
Scott Brown leaves Aqua Underwriting
His LinkedIn page states he is now managing director at Accelerate Underwriting.
Towergate completes executive team
James Tugendhat and Catherine Lynch take on the roles of chief commercial officer and group human resources director respectively.
Henderson hoping to finalise two acquisitions
Broker says it has also made eight senior appointments, some from Bluefin, to support growth plans.
Grahame Chilton sets out five-year strategy for Gallagher
The CEO of the international brokerage division says restoring stability was one of his first tasks.
Commissioning editor’s letter - October 2015
“Happily, I feel, and having met with many of you over the last year, brokers will rise to whatever the future challenges will be”
Pen takes Paul Broadbent from Towergate
He joins Gallagher-owned MGA from the M&A team at Towergate.
New products will kickstart BNU growth, says Fairchild
Broker Network Underwriting aims to exceed £15m GWP at the end of the year.
Broker Network Underwriting launches eight new products
Towergate-owned network says move comes in response to member feedback.
Richard Shannon, client money and IBA chief, departs Towergate
Shannon to be replaced by Nigel Dearsley from Howden.
Century Underwriting launches property owners product
MGA also appoints Martin Hughes to lead its UK property division.
Brown pledges to build on Nathan's work at Towergate
Adrian Brown says he aims to grown the MGA and build on relationships.