Towergate acquires SMG

Towergate Underwriting Group has acquired SMG Professional Risks, the professional indemnity (PI) af...

Towergate Underwriting Group has acquired SMG Professional Risks, the professional indemnity (PI) affinity-scheme specialists based in Leeds. SMG will join the MIA General Insurance division of Towergate, which specialises in insurance for medical professionals. Steve Johnson has been appointed as managing director, and Roger Litton, who together with Mr Johnson founded the business in 1988, becomes chairman. Peter Callum, chairman and chief executive of Towergate, commented: "Towergate has a

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