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Hodges "feeling positive" despite Towergate's £41m loss

Mark Hodges

Consolidator chief says 2015 will see a turnaround in the business.

Mark Hodges, Towergate CEO, has stated that he is “feeling really positive about where the business is”, following the publication of the company’s 2013 results.

They revealed a £41m loss, with tumbling income in both the Paymentshield and network divisions.

Hodges commented: “Towergate is a strong business. Operating earning is a headline that you would prefer to be different but we are growing our underwriting business and our direct business.”

He pointed out that Towergate had invested a lot

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