Skip to main content

Towergate shrinks full year losses to £6m

mark-hodges-171209

Towergate has improved its figures for the year ending 31 December, declaring a pre-tax loss of £6.1m, despite worsening performance from its network division.

The loss moves Towergate closer to profit following 2011's full year pre-tax loss of £27m.

The broker also reported improved total income of £438.5m, up by £10m on last year's figure of £428m.

The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

What does Martin have to do at PIB?

Deputy Editor’s View: As Aviva’s Dave Martin is named PIB Group CEO, Scott McGee looks at what the Bristolian will be tasked with when he takes the reins in the new year.

Q&A: Katie Murrell, Miller

Katie Murrell, director of sport, entertainment, corporate, accident and health at Miller, outlines her plans to grow the specialist broker’s business and help event organisers navigate rising cyber, cancellation and climate-related risks.

Keeping choice alive in a changing broker market

View from the Top: Michelle Taylor, broker distribution director at Aviva, argues that insurers have a role to play in preserving choice in the broking market, whether brokers choose to consolidate or remain independent.

Insurance sector responds to 2026 Budget

John Healey has delivered his first Budget as Chancellor of the Exchequer today (28 October), bringing in a range of changes for SMEs and UK businesses, but notably failed to act on Insurance Premium Tax rates.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here