Towergate Group
Towergate is a familiar name in the Top 100 and is another business founded by Peter Cullum. It is now part of the Ardonagh Group which is helmed by David Ross.
Towergate features in the Insurance Age Top 100 Insurance Brokers 2021 listing. Find out what other companies made the cut.
Revenues up at Open GI holding company in 2014
Operating profit increases to £25.4m.
Towergate sold Powerplace for £1
Independent strategy and investment in technology has helped business grow, says Open GI chief.
Towergate Financial Group is sold for £8.64m
Towergate Group sells the business to Palatine Private Equity as it concentrates on core businesses.
Editor's letter - March 2015
“In recent months… you would rarely see mention of Towergate without the word ‘troubled’. That has passed for now”
Towergate and Gallagher: What next?
Towergate's turmoil and departures at Gallagher have grabbed the headlines, but calm may be in sight
JLT says Towergate was never in its sights
Broker not interested in consolidator despite snapping up some elements of the business.
Rea leaves as Towergate confirms new executive team
John Kitson, ex-Aviva sales and marketing director for UK general insurance, joins the broker.
Fairchild aims to take Broker Network back to its roots
CEO Andy Fairchild on strategy, products, insurer partners and profits.
Former FSA man in running to chair Towergate
Reports say John Tiner set to replace Alastair Lyons as Towergate chair.
Towergate means business with hires of Deakin and Brown - market reaction
Brokers said the firm is building a formidable team and the signs point to acquisitions.
Janice Deakin and Adrian Brown to join Towergate
Duo leave Gallagher and follow David Ross to Towergate.
Sweep of hires at Towergate-owned BiB Underwriting
Farming and rural underwriter takes on eight new employees.
Towergate's creditors reach binding agreement
Joint agreement endorsed by over 75% of secured and unsecured creditors.
Ratings boost for Towergate
Moody’s considers upgrade for recently sold broker.
Towergate joins Paymentshield's landlord's insurance panel
Paymentshield says clients can now offer customers greater choice.
Mark Mugge appointed CFO of Sierra Investment Holdings
Mugge joins former Gallagher colleague David Ross at company created to facilitate Towergate takeover.
Thistle hires Matt Gifford as wholesale MD
Gifford previously worked as director of insurance at Elite Insurance and was a Towergate underwriter.
Towergate to close Berwick office
Consolidator says it is committed to operating in the Scottish borders.
David Ross on up to 12 months gardening leave
Chief executive facing spell on the sidelines after dramatic switch from Gallagher to Towergate.
Brokers give cautious welcome to Ross appointment
Doubts remain about Towergate's future strategy.
Scott Egan appointed interim CEO of Towergate
Former interim CEO Alastair Lyons to take the role of non-executive chairman.
Tom Gallagher to lead on interim basis after departure of David Ross
US-based consolidator “sorry” to see Ross leave.
Fusion adds seven in Leeds
Commercial underwriting company also transfers four staff to Leeds branch.
Gallagher chief Ross named as Towergate boss
Move follows hot on the heels of last week’s takeover by unsecured creditors.