Daily Insurance Industry News
Daily Insurance Industry News
Thursday 13th of December 2018
April 18, 2011

Towergate appoints non-executive chairman

by Richard Kilner

Story link: Towergate appoints non-executive chairman

Independent insurance intermediary Towergate Insurance Group has announced the appointment of Alastair Lyons CBE to the post of non-executive chairman.

The present executive chairman and founder of Towergate, Peter Cullum CBE, will assume the role of non-executive deputy chairman.

Cullum will retain his standing as the firm’s biggest individual shareholder, and his position as executive chairman of CCV.

Lyons already holds the post of non-executive director with the firm, as well as being non-executive chairman of Admiral Group and Serco.

Cullum welcomed Lyons to his new post, and complimented him on his performance, over more than a decade, as chairman of Admiral.

Cullum went on to say that Towergate had grown greatly over the years, making more than 170 complementary acquisitions, adding that he felt the time was right to strengthen the board with Lyons’ appointment.


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