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Hodges bullish about more of the same

Mark Hodges

Towergate chief Mark Hodges has described no news as good news as the consolidator unveiled a 5% growth in Ebitda.

Towergate also saw gross written premiums up 7% for the nine months to 30 September 2012 - in line with its half year results. Mr Hodges described the figures as "more of the same from us, a continued policy of momentum."

He added: "In some ways there is no new news really but that is a good thing because it is all about execution for us and doing what we said we would do."

The consolidator saw Paymentshield, along with its underwriting and retail divisions, maintain increases in earnings and

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