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Brokers use the summer to show their purchase power

    • Insurance Age staff

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Towergate opened August's acquisitions as it announced the purchase of Hayward Aviation, the UK's la...

Towergate opened August's acquisitions as it announced the purchase of Hayward Aviation, the UK's largest specialist private aviation broker, which generates £75m gross written premium for private and commercial aviation risks. Towergate's H1 results saw income increase 32.4% to £161m with £67m of earnings before interest, tax, depreciation and other non-operating costs.

Aon has added to its specialist vehicle division, acquiring Cambridge-based Firebond for an undisclosed amount. The classic car

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