Ex-Towergate employee moves to Giles as branch director

Giles CEO Brendan McManus

Giles has confirmed its second capture of the day with the arrival of ex-Towergate employee David Cook as Durham branch director.

Mr Cook - who spent three years at Towergate - was branch director at the broker's Teeside office and business unit director.

Earlier today, Giles announced that it had also appointed former James Hallam man Simon McGonigle as development director, corporate risks.

Meanwhile, Mr Cook was responsible for managing corporate business development and retention across both Towergate's Newcastle and Teeside offices.

And speaking about the move, Giles CEO Brendan McManus said: "His impressive track

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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