Daily Insurance Industry News
 
 
Daily Insurance Industry News
Saturday 25th of May 2013
December 3, 2012

Towergate completes acquisition of NPIB

by Richard Kilner

Story link: Towergate completes acquisition of NPIB

Towergate Insurance has announced that it has acquired the business and assets of Norwich and Peterborough Insurance Brokers (NPIB). The acquisition of the non-life insurance broking operation of the Norwich and Peterborough Building Society is Towergate’s 25th this year and follows the acquisition last month of Dawson Whyte. NPIB was founded 18 years ago after [...]



November 26, 2012

Towergate acquires Dawson Whyte

by Richard Kilner

Story link: Towergate acquires Dawson Whyte

Towergate Insurance has announced the acquisition of Dawson Whyte, one of Northern Ireland’s largest independent broking businesses. Dawson Whyte was founded in the 1950s as a partnership, and is today headquartered in Belfast with five offices across Northern Ireland. The firm provides commercial and personal lines insurance services to Ireland, Northern Ireland and the rest [...]



November 20, 2012

Towergate makes two acquisitions

by Gill Montia

Story link: Towergate makes two acquisitions

Towergate Insurance has acquired the non-life business of Newstead Insurance Brokers and also of broker, Grenville Westinsure. Newstead is a Stoke-based firm established in 1988 and under the deal six members of its team will transfer to Towergate’s Stoke office. Bideford-based Grenville Westinsure was founded in 1981 and all employees including founder, Alan Glover, will [...]



July 20, 2012

Towergate announces pair of acquisitions

by Richard Kilner

Story link: Towergate announces pair of acquisitions

Towergate Insurance has announced that it has made a pair of acquisitions, namely Sheraton Insurance Brokers and JBI International Insurance Brokers Ltd. The two acquisitions will enhance the scale and specialisms of Towergate’s Broking Division. Sheraton Insurance Brokers is based in Wickham and specialises in general insurance. Towergate has acquired the non-life business of Sheraton [...]



June 21, 2012

Towergate bolsters finance team

by Richard Kilner

Story link: Towergate bolsters finance team

Towergate Insurance has announced that it has bolstered its Finance team with a brace of new appointments. Tim Grant has been named as the firm’s new group finance controller, and joins from Zurich where, since 2009, he worked as finance controller for Zurich Insurance PLC. John Kennedy has been appointed, subject to FSA approval, divisional [...]



June 8, 2012

Towergate appoints Broking CEO

by Richard Kilner

Story link: Towergate appoints Broking CEO

Towergate Insurance has announced the appointment of Mike Lawton as the firm’s Broking Division chief executive. In his new position Lawton will be responsible for the management of strategic growth plans for more than 40 regional broking businesses throughout the United Kingdom. He joins the firm from RSA, leaving behind his position as director of [...]



March 14, 2012

Towergate appoints new M&A director

by Richard Kilner

Story link: Towergate appoints new M&A director

Towergate Insurance has announced the appointment of Dan Saulter as the firm’s new Group Mergers and Acquisitions Director. Saulter, who assumes his new position with effect from 1 May, will be directly responsible to Group Finance Director Scott Egan. Prior to his latest role he has spent four years with Towergate Financial in a number [...]



February 9, 2012

Towergate launches CyberProtect

by Gill Montia

Story link: Towergate launches CyberProtect

Towergate has launched CyberProtect, which claims to be the first product of its kind to provide all-business protection against the misuse of computers by employees, and the theft of intellectual property. Developed in partnership with Marchant McKechnie, CyberProtect covers the costs associated with an investigation and data recovery related to the misuse of company-owned computer [...]



December 21, 2011

Towergate warns of festive burglary

by Richard Kilner

Story link: Towergate warns of festive burglary

The festive period of Christmas and New Year often sees home contents rise significantly, which can also attract burglars, according to Towergate Insurance. Retail CEO Michael Rea explained that thousands of pounds of gifts tempt thieves at this time of year, and urged homeowners to pay attention not only to locks and security but to [...]



December 7, 2011

Towergate founder wins award

by Richard Kilner

Story link: Towergate founder wins award

Towergate’s non-executive deputy chairman and founder Peter Cullum was last night named the Industry Achiever of the Year Award at the Insurance Times Awards. Cullum, who accepted the award in front of more than 2,000 insurance professionals, thanked his present and former colleagues for their support. Editor-in-chief of Insurance Times Ellen Bennett gave the award, [...]



November 30, 2011

Towergate appoints Moore to the board

by Richard Kilner

Story link: Towergate appoints Moore to the board

Towergate Insurance has announced the appointment of Philip Moore as an independent non-executive director. Moore will also become chairman of the Audit Committee, and his appointment is subject to the approval of the Financial Services Authority (FSA). The appointment comes shortly after those of Truett Tate and James Strachan, also as independent non-executive directors. Last [...]



October 17, 2011

Towergate appoints non-executive director

by Richard Kilner

Story link: Towergate appoints non-executive director

Towergate Insurance has announced the appointment of James Strachan to the board as an independent non-executive director and chairman of the Group Risk and Compliance Committee. Strachan, whose appointment is contingent upon FSA approval, is presently a non-executive director of the Financial Services Authority, JPMorgan Asian Investment plc, Welsh Water Limited, Sarasin and Partners LLP, [...]



October 14, 2011

Towergate offers anti-burglar tips

by Richard Kilner

Story link: Towergate offers anti-burglar tips

As the nights draw in, Towergate Insurance has offered homeowners a range of tips to help deter burglars taking advantage of the prolonged darkness from breaking into their homes. Burglaries typically increase during this time of year, when clocks go back and nights become darker. Jonathan Walker, CEO of Towergate Insurance broking division, explained that [...]



September 20, 2011

Homer named as new BIBA chairman

by Richard Kilner

Story link: Homer named as new BIBA chairman

The British Insurance Brokers’ Association (BIBA) has announced that Andy Homer will become the trade association’s chairman in January 2012. Homer was most recently the group chief executive officer of Towergate Insurance and will take up a non-executive position on the insurer’s board. He brings four decades of experience in the sector to his new [...]



September 13, 2011

Towergate wins twice at UK Broker Awards

by Richard Kilner

Story link: Towergate wins twice at UK Broker Awards

Boat insurer Towergate Mardon enjoyed a good night at the UK Broker Awards, winning the Claims Service of the Year accolade. In addition to that, Non-executive Chairman of Broker Network and Countrywide Grant Ellis won the Lifetime Achievement award. The high quality of service offered by the firm was recognised by a panel of judges [...]



September 7, 2011

Towergate partners with Confused.com

by Richard Kilner

Story link: Towergate partners with Confused.com

Towergate Insurance has declared that it is to be the only provider of business insurance for Confused.com, the price comparison website. Business insurance customers will be provided with a broad range of insurance by Towergate under the Confused.com brand, including restaurants, surgeries and liability, amongst others. The Guildford specialist commercial contact centre operation of Your [...]



August 10, 2011

Towergate urges businesses to check insurance

by Richard Kilner

Story link: Towergate urges businesses to check insurance

Towergate Insurance has urged businesses to review their insurance coverage in the light of the recent shocking bouts of looting to afflict London, and other cities across England. Last night the capital saw fewer and smaller disturbances, but other cities (including Manchester and Nottingham) saw violence flare up. Businessmen are being advised to ensure they [...]



July 26, 2011

Towergate appoints Scottish broking director

by Richard Kilner

Story link: Towergate appoints Scottish broking director

Towergate Insurance in Scotland has announced the appointment of Gordon Crosbie as managing director of the Perth and Stirling businesses. Crosbie will also join the Scotland Area Team, assuming the newly created position of broking director. The appointment of Crosbie, who brings over three decades of experience to Towergate, comes as the firm seeks to [...]



July 6, 2011

Towergate launches Military Charities Fund

by Richard Kilner

Story link: Towergate launches Military Charities Fund

Towergate Insurance has announced the creation of a new Military Charities Grant Fund, with £50,000 to be allocated towards specific projects, and applications accepted from 1 September. A range of UK-based military charities will be supported by the fund, with a view to providing help and support to the veteran community. Towergate has emphasised the [...]



June 3, 2011

Towergate appoints CEO

by Gill Montia

Story link: Towergate appoints CEO

Towergate has announced that, subject to regulatory approval, Mark Hodges, currently executive director and UK chief executive officer of Aviva plc, will succeed the group’s retiring group chief executive officer, Andy Homer, on 1st October 2011. Mr Homer will remain on the Towergate board as a non-executive director. Commenting on the appointment, Towergate chairman, Alastair [...]