Ardonagh Group
Towergate embarks on a 100-strong recruitment drive to grow sales force
Towergate Insurance Brokers is embarking on a recruitment drive of sales executives and sales leaders as it looks to grow its advisory sales force by 100 over the next two years and open new offices.
Editor's Comment: 2015: A year in review
Christmas is a time for reflection on the past year and to think about what 2016 might bring.
Ex-Towergate director Trott moves from RK Harrison to NAH
RK Harrison specialist markets director Simon Trott has left the company to take on the role of managing director at National Accident Helpline, Post understands.
Review of the Year: Broking
It’s been a busy year in the broking sector, with multiple mergers and acquisitions occuring, the market moves merry-go-round in full swing and some notable management buyouts.
Penny Black's Insurance Week - 10 December
Penny is not averse to the odd practical joke but prank calls really get her back up.
Quiz of the week - 27 November
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Axa replaces RSA in agricultural tie-up with Towergate's BIBU
Axa has agreed a five year joint venture with Towergate’s BIB Underwriting for farm, estate and motor schemes, Post can reveal, in a deal that will result in a change to Axa’s distribution model for agricultural business.
Towergate targets long-term stability with nine point turnaround plan
Towergate's senior team has compiled a nine point turnaround strategy involving a two-year integration project, which group CEO David Ross believes will transition into 'business as usual' in 12 months’ time.
Ex-Axa COO Carruthers to become non-exec chair at A-Plan
Former Axa Commercial Lines and Personal Intermediary chief operating officer Max Carruthers is to take on the role of non-executive chairman at independent high street broker A-Plan, Post can reveal.
‘Remarkable Towergate is still standing' says CEO Ross
Towergate CEO David Ross is amazed the business is still operating after the "extraordinary amount of trauma" it experienced in the past 18 months.
Towergate regulatory costs hit £5.4m in Q3 as FCA talks continue
Towergate incurred regulatory costs of £8.8m for the opening nine months of 2015 in relation to the ongoing Financial Conduct Authority investigations.
Towergate Q3 income drops 10% as infrastructure challenges continue
Towergate has reported a 10.3% decline in income to £87m in the third quarter of 2015 compared to £97m in the same period of 2014.
Towergate's Manchester unit loses three executives
Towergate has confirmed three executives from its Manchester Small Business Unit have left amid changes in the structure of the broker's retail division.
Towergate loses three senior finance figures
Towergate has confirmed three departures today (30 October) from finance positions.
Reid to tour the regions as integration takes precedence at Gallagher
Retail acquisitions will be put on the backburner at Arthur J Gallagher International in favour of a strategy of “integration and reengineering”, according to incoming UK retail CEO Stuart Reid.
C-Suite - Broker: Power to the people
Treat clients as you would treat your friends, and reap the professional rewards, says Janice Deakin.
Ex-Towergate brokers launch sports and leisure MGA
A trio of former Towergate brokers have joined forces to launch a managing general agent specialising in the sports and leisure sector.
Tugendhat given Towergate chief commercial officer role
Former Towergate Direct CEO James Tugendhat is to remain with the company as chief commercial officer.
GRP swoops on Gallagher and Towergate to make MGA hires
Global Risk Partners has hired Arthur J Gallagher’s underwriting director for e-underwriting Simon Lewer as chief operating officer of its managing general agent division.
'Winning hearts and minds' Ross's first challenge as Towergate CEO
David Ross’s first port of call upon taking over as Towergate CEO next month will involve making sure long-term employees at the consolidator are kept onside, according to broking market commentators.
Chilton focused on moving Gallagher away from ‘opportunistic' M&A
Arthur J Gallagher International CEO Grahame Chilton wants to change the broker's M&A tactics to become more strategic following its previous "opportunistic" approach.
GRP's property owners MGA secures HDI Gerling-led capacity deal
Global Risk Partners’ property owners managing general agent European Property Underwriting has secured a capacity arrangement led by HDI Gerling, with major co/reinsurance input from Liberty Mutual Insurance and Swiss Re Corporate Solutions.
Tune in to live webinar today at 15:00 on the subject of pricing
Given the competitive nature of the insurance market, chief underwriting officers and their teams face multifaceted challenges making sure that they are pricing risks both correctly and competitively.
Brown to build off success of Towergate MGA as underwriting boss
Towergate chief operating officer Adrian Brown plans to build off the strong relationships the consolidator has with insurers and brokers when he takes over as Towergate Underwriting CEO on 1 November.