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Daily Insurance Industry News
Tuesday 21st of May 2019
February 1, 2008

Towergate Becomes Countrywide Network Partner

by Stewart Douglas

Story link: Towergate Becomes Countrywide Network Partner

Towergate Becomes Countrywide Network Partner

Towergate Underwriting has today been revealed as the latest insurance partner of the Countrywide insurance panel, making for number seven on the panel which will see increasingly widespread distribution of its expertise and services throughout the Countrywide network.

The move will see Towergate join at strategic partnership level alongside six other organisations in the provision of services and specialist insurance products through the network to its growing base of 700 members.

Towergate has become synonymous with quality service provision throughout its key market areas, and is widely considered to be a leading force within the underwriting market. Additionally, with the company’s rapid expansion plans, fuelled by an aggressive takeover strategy which has seen the company acquire several firms already over the course of 2008, today’s news looks set to further strengthen its position in the market.

The agreement today will see Towergate join AXA, Fortis, Allianz, MMA, Zurich and Groupama as partners of the Countrywide panel, which the company has said it hopes will help diversify its provision of services throughout distribution channels.

As such, Towergate’s products and services will be provided to members of the Countrywide network, establishing a wider distribution framework within which Towergate can enhance market share and reach.

“When Towergate’s acquisition of Open International was announced we were approached by a number of members asking when they could gain access to Towergate’s products,” said James McCaffrey of the Towergate team.

“We are delighted to now be able to provide a comprehensive range of benefits to members including increased commission levels, access to specialist products, Partner Broker and Countrywide Club deals and a dedicated team for members.”

 

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