Towergate spending spree aims to plug the £500m GWP target shortfall
Towergate Chairman Peter Cullum remains confident of reaching his ambition of a £2bn gross written p...
Towergate Chairman Peter Cullum remains confident of reaching his ambition of a £2bn gross written premium, despite only having four months to find £500m by the target's year-end deadline.
Cullum said the majority of the £500m GWP that is needed would come from acquisitions, adding that he was in discussions with fifteen brokers - some of which had GWP "north of £100m". One broker has a significant niche business, one office and upwards of £100m GWP. However, Cullum added he was still interested
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