Towergate acquire PMI provider
Towergate Partnership has acquired Private Medical Insurance provider City & Suburban Health. As part of the transaction, the current management and staff will be retained under the leadership of Lee Birch, the current Managing Director.
Established in 1997, City & Suburban focuses on the provision of PMI cover for UK small to medium commercial enterprises. This acquisition strengthens Towergate’s healthcare capabilities where it continues to build its position as a leading player in the PMI market.
Peter Cullum, executive chairman of Towergate said: “This is another great signing for Towergate. This is the first of several PMI acquisitions currently under discussion for completion this year and will help position Towergate
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