Deal opportunities grow for Towergate as brokers seek to sell amid pandemic

Deal handshakes

The hardening market, which has been accelerated by the coronavirus pandemic, has led to a number of calls to consolidators from brokers wishing to sell.

That is according to Towergate CEO Joe Thelwell who spoke to Insurance Age about the Towergate deals revealed in the Ardonagh results for Q1 2020.

“More brokers are keen to talk to us because of Covid. The market is hardening and brokers are struggling to get placement.

“Brokers then want to sell to someone like Towergate because they want

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: