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Towergate agrees £770m deal with Allianz

Deals news

Broker announces extension of long term strategic deal with insurer representing £770m GWP over five years.

Towergate has announced the extension of a long term strategic partnership with Allianz in a deal worth £770m in GWP over the next five years.

Towergate said the partnership represents "a mutually beneficial relationship between Towergate and Allianz, and a confidence in the partnership" and follows the recent completion of the recapitalisation of the Towergate Group.

The broker explained that the deal will extend support across Towergate Underwriting - in particular to Fusion, provide

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