Ardonagh Group
Hodges' departure unrelated to Towergate's financial results
Towergate executive chairman Alastair Lyons says the group's financial underperformance was not a factor in group CEO Mark Hodges' resignation.
Hodges resigns as Towergate CEO
Mark Hodges has resigned as group CEO of Towergate Insurance.
Resignations force Towergate to shutter Sherborne branch
Towergate has closed a branch in Sherborne, Dorset, just two years after acquiring the business, according to a report from the Western Gazette.
Rentguard ‘confident’ over Towergate commission dispute
Rentguard is confident of victory in a dispute with Towergate, in which it has alleged the broker has not paid hundreds of thousands of pounds of commissions following a dispute over new business.
Canopius looks to Towergate for marine division expansion
Canopius Group has appointed two former Towergate employees to grow its presence in the UK marine and pleasurecraft market.
Covéa boosts southern presence with Towergate and NIG hires
Covéa Insurance has hired Towergate’s Martin Rees to head up broker development in the South West and Wales and NIG’s Jonny Gilmore to develop the regional commercial account.
Footman James partners with Chubb on classic car cover
Towergate-owned Footman James has partnered with Chubb Insurance giving its classic car customers access to the insurer's products and services.
Broking giants tipped for M&A moves as sector looks to follow Gallagher’s lead
Observers say economic recovery is behind several firms adopting new strategies
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.
Hodges admits caution in Manchester call centre migration
Towergate chief executive Mark Hodges has admitted the broker is leaving some SME and personal lines business with local offices, rather than migrating accounts to its new Manchester call centre.
Brightside co-founder Chase-Gardener handed commercial director role
Brightside founder Paul Chase-Gardener has been given a new role as the broker’s commercial director, with former Barbon chief executive Ian Sutherland also joining the business.
Marsh looks to BGL for UK affinity head
Marsh has made a double appointment hiring Mike Canniffe as UK affinity leader and Paul Kershaw as placement and proposition leader in its UK consumer and commercial practice.
Towergate East Anglia merger puts 80 jobs at risk
Towergate is to consolidate offices in East Anglia as it considers opening a business hub in Norwich, according to reports.
Paymentshield launches house buyer's protection product
Paymentshield has launched a new protection product, designed to mitigate the risk attached to buying a new home.
Towergate hands Footman James keys to marketing director
Towergate has replaced departed Footman James boss Andy Fairchild with the specialist broker’s marketing director David Bond.
Broker Network boss Fairchild says proving value key to membership
New Broker Network chief executive Andy Fairchild has pledged to prove to insurer and broker members the value of being part of the group.
Towergate restructuring costs climb to £15m for H1
Towergate’s group reorganisation programme cost the broker £15.1m in the six months to June 30, an increase on the £9.1m spent in the first half of 2013.
Hodges declines to rule out more redundancies
Towergate group chief executive Mark Hodges has refused to rule out further expansions to the broker’s redundancy programme over the next year, shortly after confirming that the firm would lose an additional 100 staff.
Towergate losses grow 52% as redundancy programme expands
Towergate has announced increased pre-tax losses for the first half of 2014, alongside adding an extra 100 staff to expected headcount reduction by year end.
Ex-Paymentshield CEO Johnson to lead Stackhouse Poland
Stackhouse Poland has appointed former Paymentshield chief executive Tim Johnson as group CEO.
Towergate acquires Lovat and Watt UK
Towergate has completed deals to acquire a pair of brokers based in Tunbridge Wells and Manchester.
Deputy MD of Towergate's care division departs
The managing director of Towergate’s care division Sue Lee has resigned after ten years at the broker.
McCafferty ‘outstanding candidate' for Flood Re role, claims Woolgrove
Interim Flood Re chief executive Tom Woolgrove says newly appointed permanent CEO Brendan McCafferty has a unique set of skills to get the scheme across the line.
Paymentshield's McCafferty appointed Flood Re boss
Paymentshield commercial director Brendan McCafferty has been appointed Flood Re chief executive and will take up the role in Q4 2014.