Towergate sets £25m target for new in-house e-trading arm
Towergate Underwriting has targeted an additional £25m in gross written premium once its new commercial e-trading proposition goes live this summer. The firm currently claims to control a total of £600m in GWP — of which £75m is through various software platforms.
The underwriter is developing its in-house commercial lines e-business proposition with the help of fellow Towergate subsidiary Power Place.
Scott Brown, chief executive officer for commercial
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