Towergate makes Sunday Times' rich list

Towergate Underwriting Group has been listed in the Sunday Times as 17th in the list of British firms with the fastest growing profits.

With 83.11% growth over 4 years the Sunday Times commented: "The founders of Towergate Underwriting Group have been buying on a scale that Sir Elton John would be proud of." "By focusing on specialist markets and streamlining operations at acquired firms, profits have grown 83% a year from £1.5m in 1999 to £9.3m in 2002.”

Peter Cullum, group chairman commented “we are delighted to have been included this year based on our 2002 figures. We have consistently built our profits each year on the back of a robust business plan that satisfies the demands of our intermediaries and our clients. Our profits are not skewed by one-off purchases but truly reflect a clear trend of dramatic growth, year on year."

  • LinkedIn  
  • Save this article
  • Print this page  

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 [email protected] or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Best Insurance Employer 2021

Between 15 March and 15 May Post invited insurance employees, through emails, social media and via the brand’s print and online channels, to nominate and rate their employers on a variety of aspects including their management, diversity, work/life balance and whether they would recommend the employer to a friend. More than 2300 responses were received and more than 50 firms were nominated.

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: