Towergate eyes HHH specialty book
Towergate has confirmed it is in the frame to buy part of Hill House Hammond's specialty business. T...
Towergate has confirmed it is in the frame to buy part of Hill House Hammond's specialty business. The remainder of HHH, following the closure of its personal lines arm last month, includes pet, pleasure-boat and some high net worth lines.
The deal is understood to be worth around £14m in gross written premium.
However Norwich Union has insisted the portfolio will be split between a number of interested parties. All deals are expected to be complete by the end of March, according to NU
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