Towergate Partnership Ltd · Maidstone United Kingdom
Company Description
Phone: +44-870-242-2490
Fax: +44-1622-754-999
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This link will open in a new window Towergate Partnership has quite an appetite for acquisitions. The company, one of the UK's leading independent insurance brokers, has purchased more than 150 specialist insurance businesses since its inception in 1997. The firm's Towergate Brokering and Towergate Underwriting units provide insurance policy brokerage and administration services in niche insurance markets such as holiday homes, recreational vehicles, and high-net-worth individuals. The company serves commercial and personal accounts. Its Towergate Financial division provides investment advisory services. Towergate Partnership operates from 100 brokerage offices throughout the UK. To read the full description, subscribe now.
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Key Towergate Partnership Ltd Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $308.6 |
| 2007 Employees | 3,500 |
Towergate Partnership Ltd Executives
10 executives listed for Towergate Partnership Ltd's Maidstone, location.
| Title | Name & Bio | Contact |
| Executive Chairman | Peter Cullum | Network |
| CEO | Andy Homer | Network |
| Operations Director | Max Caruthers | Network |
Competition
Competitive Landscape for Towergate Partnership Ltd
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Towergate Partnership Ltd Competitors
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