APC plotting underwriting return for Towergate owned-Folgate
Commercial managing general agent APC has acquired Folgate Insurance from Towergate, where the firm was in run-off, with an eye to returning the firm to active underwriting.
Towergate acquired the business from German parent Wüstenrot & Württembergisch in 2002, at which point Folgate ceased writing new business, with policies transfered to Towergate's panel at renewal.
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