Changing of the guard
A bit over 18 months ago the changing of the guard among the leadership of the big consolidators began.
In October 2011 Mark Hodges picked up the reins at Towergate. Come March the following year Peter Blanc took over as group chief executive at Oval.
The very next month Brendan McManus took on the challenge of recalibrating Giles.
If you think about the people they replaced - Peter Cullum, Phillip Hodson and Chris Giles - then it truly was a changing of the guard.
Deal makers
These were deal makers, good at buying up businesses and, looking back at it, good at racking up debts.
Their replacements
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 info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- JMG strikes its biggest deal of 2024 with BQI swoop