Towergate
Towergate is a leading insurance intermediary in Europe, known for innovation and strong client service. Since 1997 it has grown into the largest independently owned insurance intermediary in Europe, handling over 2 billion pounds of gross written premium across its network. The group employs more than 5,000 people across more than 120 UK offices, giving customers access to broad product knowledge and a personal service approach. It offers a wide range of more than 200 general and specialist insurance products for niche markets, and is a major provider to the UK small and medium enterprise sector. The business model emphasizes innovative products and trusted insurer relationships, organized around a value triangle linking the customer, insurers, and the firm. The organization operates through Towergate Insurance Brokers, which provides brokerage and risk management services, including business interruption, cyber, crime, and employee benefits, along with personal lines such as boat, caravan, equine, holiday, home and motor.
Top Stages
Past deals in Insurance Brokers
Murton Alexander Insurance Services
Acquisition in 2021
Murton Alexander Insurance Services is an independent insurance brokerage that offers a range of commercial and personal insurance products. The company has established a particular expertise in taxi insurance, catering to the unique needs of taxi operators. In addition to taxi coverage, Murton Alexander provides business insurance, property insurance, and personal insurance solutions for individuals and commercial clients. By focusing on personalized service and tailored insurance options, Murton Alexander aims to meet the diverse needs of its customers in the insurance market.
Mastercover Insurance Services
Acquisition in 2017
Mastercover Insurance Services Ltd is an insurance broker based in Borehamwood, United Kingdom, founded in 1973. The company specializes in providing a range of general insurance brokerage services tailored for individuals and small businesses across the UK. Mastercover offers various insurance products, including driving school insurance, car insurance, illness insurance, accident insurance, property insurance, liability insurance, and travel insurance. By collaborating with major insurers, Mastercover aims to deliver competitively priced insurance solutions that cater to the specific needs of its diverse clientele. As a subsidiary of Towergate Insurance Limited since December 2017, Mastercover continues to grow its customer base while maintaining a focus on customer satisfaction and product development.
Arista Insurance
Acquisition in 2014
Arista Insurance is a commercial insurance provider based in the UK, specializing in property, liability, and motor insurance. The company operates as an underwriting organization, catering to independent brokers and their commercial clients. By focusing on these key areas, Arista aims to deliver tailored insurance solutions that meet the diverse needs of businesses across the region.
Langley Horrocks & Hart Insurance Services
Acquisition in 2014
Langley Horrocks & Hart Insurance Services operates as an insurance broker. It provides its services in the areas of contractors liability, including public, employers, and professional liability/indemnity insurance; industrial risks insurance.
Prestige Insurance Management
Acquisition in 2014
Prestige Insurance Management is an insurance broker based in the United Kingdom, specializing in commercial package insurance. The company caters to a diverse clientele, including shops, hotels, and guest houses, offering tailored insurance solutions to meet the specific needs of these businesses. By focusing on specialty insurance products, Prestige Insurance Management aims to deliver comprehensive coverage that protects its clients' assets and mitigates risks associated with their operations.
Canworth Commercial
Acquisition in 2014
Canworth Commercial is an insurance brokerage firm that specializes in providing intermediary services across various sectors. The company offers a diverse range of commercial insurance coverage, including public liability, product liability, fleet and trade motor insurance, legal expenses, and employers’ liability. Additionally, Canworth Commercial caters to the unique needs of the entertainment industry, delivering tailored insurance solutions that address the specific risks associated with that sector. By combining expertise in traditional commercial insurance with a focus on niche markets, the firm aims to meet the diverse insurance needs of its clients effectively.
Youngs Murray Burns
Acquisition in 2013
Youngs Murray Burns offers insurance brokerage services.
Open GI
Acquisition in 2007
Open GI is a developer of configurable insurance software, catering to insurance brokers, underwriting agencies, and insurers throughout the United Kingdom and Ireland. With over 30 years of experience, the company specializes in providing innovative digital insurance services that enhance operational efficiency. Their solutions facilitate multi-line, multi-channel, and multi-brand trading, supported by eCommerce and mobile technologies. Open GI's software streamlines various business processes, including managing quotations, converting prospects into clients, and reconciling accounts with insurers for both commercial and personal lines trading. The company's commitment to understanding its clients' needs and continuous research and development underpins its reputation for delivering reliable and effective technology solutions that help clients compete effectively in a dynamic insurance marketplace.
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