Folgate and Towergate merger raises expectation of float
Towergate and Folgate are set to merge to create what head and founder Peter Cullum describes as “the UK number one multi-facted insurance intermediary group”. The merged company will be known as Towergate Partnership and no compulsory redundancies are expected, he added.
Andy Homer has been appointed group CEO of the group which hopes to complete the merger in March. Mr Cullum continued: “I have been privileged to lead the growth of these companies from humbleOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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