No need to restructure Towergate network division, says Hodges

He told Insurance Age that momentum had been maintained, but conceded: “Network had a much tougher year from a performance perspective.”

According to Mr Hodges the breakdown in the relationship between Aviva and Broker Network was “obviously a contributing factor” to the division’s 19% drop in income.

However he also said that he did not know whether a merger of Broker Network and Countrywide was on the cards in 2013.

No restructuring necessary
He stated: “I don’t think there’s a need to