September 25, 2016 8:47 AM ET

Insurance

Company Overview of Towergate Partnership Limited

Company Overview

Towergate Partnership Limited offers personal and commercial insurance products through its subsidiaries. It offers personal insurance products, such as boat, caravan, home and property, life and planning, military, motor, travel, car hire excess, equine, and school insurance products; and commercial insurance products, including care and medical, financial, liability, property, trade specific, transport, cyber protection, and events insurance. The company also underwrites risks, administers policies, and handles claims and renewals for its brokers and external brokers; provides network services, such as business support services that include marketing, compliance, IT, training, and human re...

Towergate House

Eclipse Park

Sittingbourne Road

Maidstone,  ME14 3EN

United Kingdom

Founded in 1997

Phone:

44 1622 754 754

Fax:

44 1622 754 999

Key Executives for Towergate Partnership Limited

Chief Executive Officer
Managing Director of TRS Poole
Chief Financial Officer
Chief Operating Officer and Chief Executive Officer Underwriting
Age: 50
Chief Executive Officer of Advisory
Compensation as of Fiscal Year 2016.

Towergate Partnership Limited Key Developments

Towergate Appoints Brian Hardwick as Chief Risk Officer

Towergate has announced the appointment of Brian Hardwick to the Executive Committee as Chief Risk Officer. Brian joins Towergate from Chubb where he had been Chief Risk Officer since 2007. During his time in this role, Brian led all risk management and compliance across 11 countries in Europe. He was also a board member of Chubb's Lloyds MGA and has been responsible for the Solvency II implementation programme throughout the business. Prior to Chubb, Brian spent 12 years consulting in various risk management and regulatory compliance roles within the UK financial services sector. He worked for Deloitte, and was later Risk Practice Leader of Grant Thornton. He has worked extensively within the general insurance sector, as well as working with banking and investment management clients.

Tower Gate In Takeover Discussions

Towergate Partnership Limited is in talks with MJH Group Holdings Limited about a possible offer for MJH Holdings to acquire all of the issued and to be issued ordinary share capital of Tower Gate not already owned by it.

Towergate Appoints Pat Butler as Independent Nonexecutive Director

Towergate announced that Pat Butler has joined its Board as a non executive director. Pat is a nonexecutive director at Bank of Ireland, Hikma plc and Business Bank Investments Limited, the commercial investment arm of British Business Bank. He is also a partner of The Resolution Group, which encompasses large scale financial services restructuring, The Resolution Foundation think tank, and Prospect Magazine. Prior to resolution, Pat spent 26 years at McKinsey, where he led the firm's UK Financial Services Practice and its EMEA Retail Banking Practice, advising banks, insurance companies and asset managers.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 23, 2016
The Broker Network and Countrywide Insurance Management and Broker Network Underwriting
 

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