Towergate confirms North Lincolnshire broker captures

Andrew Pearce
15 May 2013

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Towergate confirmed it had bought Youngs Insurance Brokers and Murray Burns & Co, and plans to merge them, creating Youngs Murray Burns.

Youngs, established in 1963, is based in Grimby while Murray Burns, founded in 1981, is located in Cleethorpes. Towergate confirmed that a combined workforce of 12 will now work from the Grimsby office under David King, Murray Burns owner.

Meanwhile, Terry Pannell, owner of Youngs, will remain in the business, with Towergate insisting he will play "an integral

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