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Towergate to re-focus on M&A following sale of 'non-core' underwriting business

Mark Hodges

Towergate chief executive Mark Hodges has insisted that acquisitions remain central to his firm’s growth strategy, despite the £9.25m sale of Towergate Underwriting’s commercial property business to Global Risk Partners.

Hodges, who was speaking after the conclusion of a deal to offload the provider of insurance for large-sized European and UK commercial property owners, described the business as operating outside of

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