Hodges to continue acquisition drive at Towergate

Mr Lyons told Insurance Age: "There are still three thousand independent insurance brokers in the sector so there is plenty more possible consolidation. That alongside organic growth of our existing businesses is our strategy.

"Mark has obviously discussed in detail how we see the business going forward before he joined and wouldn't be joining if he wasn't himself in tune with those same strategic objectives."

Describing himself as "absolutely delighted" to have captured Mr Hodges' signature for