Towergate acquires Marine & General
The Towergate Partnership has acquired Maidstone-based Marine & General, who currently manage a £1.2m portfolio of pleasure craft and related marine commercial covers. Towergate already has a presence in the craft and marine commercial sector, where they already manage in excess of £30m of gross written premium.
Andy Homer, ceo of The Towergate Partnership, said: "Our marine operation has performed well and this acquisition gives us an opportunity to strengthen our presence in its sector."David Brett
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