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Towergate gains CII chartered status

Towergate has gained a corporate Chartered Insurance Institute certificate, which requires more than...

Towergate has gained a corporate Chartered Insurance Institute certificate, which requires more than 90% of customer-facing staff to be members of the institute.

Although the certificate does not require specific qualifications, it provides staff access to CII courses. Maidstone-based Towergate, the largest independent intermediary in Europe, employs 1,700 customer-facing staff in its retail businesses and this number is expected to grow to over 2,000 as the consolidator beds in more acquisitions

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Yutree outlines plans after MBO

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Tax-efficient exit strategies and staff incentivisation have become hot topics among broker leaders since the recent increases in Capital Gains Tax and Employer National Insurance. In the second part of a series focused on the fallout from the 2024 Labour Budget, Catherine Heyes examines how broker owners can use Employee Ownership Trusts to respond to these developments.

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