Towergate buys marine outfit.

Towergate Underwriting Services has bought specialist marine
underwriting agency Carrington International - its seventh acquisition
since its formation last October.

This latest purchase means that Towergate is now commanding in excess of
£30m in gross premium.

Based in Lymington, Hampshire, Carrington underwrites yachts and
associated marine trades and runs Carrington International Insurance
Brokers. It has a combined gross written premium of £3m.

John Dodd will remain as chairman of Carrington but

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