Towergate banks on the RBS for expansion.

Towergate Underwriting Group's ongoing expansion plans have been
given a boost with the news that it is to receive funds from the Royal
Bank of Scotland.


The group, which commands about £35m-worth of gross premiums, said this
will allow it to further develop its existing underwriting agencies.


Group managing director of Towergate Peter Cullum said: "With the Royal
Bank of Scotland as our banking and capital partners, we are perfectly
placed to expand our operation through 1999. Last year was our

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