LV teams up with Towergate Underwriting in £110m deal
Partnership set to run for five years.
LV has joined Towergate Underwriting's syndicate in an agreement which will run for an initial term of five years.
LV said it will provide capacity for Towergate's standard home risks and that the deal is expected to be worth over £110m in gross written premium. It joins Allianz on the panel.
The firm said it had worked with Towergate on personal lines private car, specialist and van since 2008 and that the deal would strengthen the relationship between the two companies.
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Michael Lawrence
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