Towergate announces new Deputy Group CEO

With effect from 1st January 2010, Amanda Blanc, currently CEO of Towergate’s Retail Division, is appointed Deputy Group CEO of Towergate Partnership Ltd reporting to Andy Homer.

Amanda now has operational responsibility for Powerplace, the leading on-line market place for commercial insurance currently used by over 400 UK insurance brokers, Towergate Network businesses which includes the two largest Network brands in the UK – Broker Network and Countrywide with over 700 members in total, plus Towergate’s thriving Retail Broking businesses with over 80 offices across the country.

Peter Cullum, Chairman of Towergate Partnership, said:

“Amanda’s responsibilities have broadened to embrace Powerplace and Network Division (which Grant Ellis continues to Chair) and her new role reflects the importance we attach to these key businesses which we expect to grow significantly over the next 3 years”.

Amanda Blanc said:

“I am delighted to take on these exciting responsibilities and firmly believe the organic growth we will achieve in Retail broking, Powerplace and in both Countrywide and Broker Network businesses will help redefine the general insurance market landscape.”

Editor’s Note:

Amanda is one of the leading female business leaders in the UK, with responsibility for 3000 staff and approaching £1.5bn of premiums, generating EBITDA of over £100m.

Since joining Towergate in 2006, Amanda has overseen growth in retail broking operations of over 130% from £320m to £750m premium turnover. 
 
Her insurance career began at Commercial Union in 1989 and she has held senior posts in AXA UK, Groupama UK, joining Towergate in 2006.

Amanda is married with two daughters and was awarded the title of City Woman of the Year in 2008.  She is also on the Broking Faculty Board of the Chartered Insurance Institute.

Media Contacts

Russell O'Connor

Group Communications Manager

Towergate

Mobile: 07760 282586

Email: Russell.o'connor@towergate.co.uk