Towergate signs with Gable in £70m deal
Towergate Underwriting has agreed a five year partnership with Gable Holdings with the latter acting as a cover provider from January 2013.
According to the European non-life insurance company the partnership is projected to result in a minimum of £14m gross written premium a year.
Gable added that it will provide exclusive capacity for a range of non-standard products which will be available to all of Towergate Underwritings' broker customers.
William Dewsall, chief executive of Gable Holdings, said: "This agreement represents circa £70 million of gross written premium over the next five years and is Gable's largest commercial
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