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.

Hodges lifts the lid on joining Towergate

Mark Hodges has revealed that when he was first approached to leave Aviva for Towergate he felt he needed to make sure there would be a meeting of minds on how to progress the broker’s business.

Profile: Banking on growth

Towergate chief executive Mark Hodges tells Martin Friel about his plans to transform the entrepreneurial and acquisitive company into a thriving corporate (“with a little ‘c’”) entity

Aviva reveals cost of recruiting UK CEO

Trevor Matthews, UK CEO at Aviva, received £2.49m in cash and shares from Aviva as part of his compensation package for leaving Friends Life, the insurer has revealed in its Report and Accounts for 2011.

Towergate warned on rating downgrade risk

Fitch Ratings has warned that Towergate Finance faces an issuer default rating (IDR) downgrade in the next two years unless the broker can deleverage further and increase its EBITDA.