The sentiment that best captures the mood of the industry following Mark Hodges’ resignation from Towergate is uncertainty. Although the company moved quickly to change its management structure, the sense of not knowing what is next for the firm pervades the broking community.
Hodges’ departure in mid-October was not a surprise to some but a brief company statement gave no reasons for his exit.
He took over as Towergate’s chief executive in September 2011 and was tasked with creating a corporate
- Majority of brokers say GDPR will have negative impact
- CBL Insurance Europe ordered to stop writing new business immediately
- Seventeen Group buys Rupert Burgoyne
- Cyber hacks reported to FCA by financial firms hit 69 in 2017
- Clear buys Robert Alexander
- Jon Dye brands 2017 as “landmark” year for Allianz in UK
- InsurTech Futures: Zurich unveils InsurTech and innovation brand