Showing a united front

The newly combined Towergate Underwriting and Folgate Partnership as the Towergate Partnership is a force to be reckoned with. Michelle Worvell charts their rise to success

Love them or loathe them, they are a force for consolidation and a unique new breed of broker in today's market. Who are we talking about? It can, of course, be no other than the joint companies of Towergate and Folgate, who have this year made their 100th acquisition and are currently in the process of consolidating the two brands to create a large new entity - the Towergate Partnership.

There is no doubt that the businesses, set up by Peter Cullum in 1997 and 2002, have become a force to be

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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