Derek Henry, formerly of Ardonagh Group, will join the broker in September.
Advised clients will be transferred to Towergate and the move, which will lead to redundancies, is likely to result in branch closures.
The Insurance Age editorial team dig into this week's top stories.
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Move follows Ageas' decision to close its Stoke operations and the majority of the staff currently facing redundancy will be offered employment under the Autonet brand.
Marc van der Veer was previously CEO of international for Ardonagh MGA GEO Underwriting.
He will remain in his current position at Ardonagh.
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Income goes up for the quarter as Swinton is credited with assisting growth despite branch closures.
The company's Q1 results revealed that £6m had been spent by Ardonagh on the closures.
Madison Dearborn Partners and HPS Investment Partners have bought more shares in the business.
List includes payment protection specialist British Insurance which was bought by Towergate in 2008, but stopped trading in 2011.
The long-running court battle between Ardonagh and Gallagher finally wrapped up on Friday, but a written judgement may take more than three months to arrive.
Siân Barton and Aara Syed discuss the most popular stories on Insurance Age this week.
The staff poaching case continues as both sides make their case as the trial nears completion.
QCs issue closing statements defending Peter Burton and Nawaf Hasan as staff poaching case moves to conclusion.
Provider announces a number of senior departures as Ardonagh Group’s Kay Martin joins.
Brightside said the management change was made to build stronger and deeper relationships with distribution partners in an increasingly digitised sector.
The business is to become part of the Arch UK Regional Division and follows its deal to buy Axiom Underwriting earlier this month.
The Ardonagh Group results showed that the personal lines broker contributed £146.3m in pro forma income.
The business reported a total loss for 2018 of £111.6m, significant improvement on 2017's numbers.
Deal follows Arch's purchase of Ardonagh's commercial MGA businesses last year.
Liberal Democrat leader Vince Cable urged the organisation to review its relationship with Gallagher last week after racist comments from Simon Matson were brought up in the Gallagher v Ardonagh court case.
The Gallagher vs. Ardonagh trial has borne several highly read stories this week with acquisitions and people moves also catching the interest of Insurance Age readers.