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Cullum has unfinished business

Andrew Tjaardstra Despite press speculation in recent weeks, it appears any talk of Towergate execu...

Andrew Tjaardstra

Despite press speculation in recent weeks, it appears any talk of Towergate executive chairman Peter Cullum selling his 65% stake and then exiting is premature. However, a source close to the broker, said that Cullum was always exploring opportunities to grow the business, which could potentially lead to a sale of part of his share of Towergate. Another scenario is that an equity release deal could be agreed in order to realise funds for shareholders and staff. An employee share

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SRG broker to wholesale pothole damage cover

Strategic Insurance Services has launched a vehicle insurance product designed to cover damage caused by potholes, making it available to brokers on a wholesale basis for private motor and commercial fleet clients.

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