Towergate Insurance celebrates 15 year anniversary with 15th
acquisition of 2012
10th August 2012
Towergate Insurance today announces the acquisition of the
non-life insurance business of general insurance brokers Dean and
Milward and also of Greaves Adams.
These latest acquisitions mark the completion of 15 acquisitions
since the start of 2012 for the Towergate Group and coincide with
Towergate celebrating 15 years as a leading organisation in the
insurance industry.
Dean and Milward, based in Henley on Thames, is a general
insurance broker business created by Richard Dean and David Milward
in 1981. The company specialises in predominantly SME business and
has some personal lines customers in the Thames Valley area.
Towergate Insurance has purchased the non-life arm of the company
which will join forces with Towergate’s Didcot office. It will
further strengthen Towergate’s presence in the South of England
under the leadership of Regional MD, Mark Evans.
Greaves Adams, a general insurance broker based in Portland in
Dorset, was founded over 20 years ago by Tony Greaves and his wife
Janette. All staff, including Tony Greaves and his son Aaron, will
remain with the company and will join the Towergate Insurance
office in Poole under the leadership of Regional MD, Stuart
Grieb.
Mark Hodges, Group CEO of Towergate Insurance, commented
today:
”These deals have a special significance representing a
milestone of 15 acquisitions completed in what is our 15th
anniversary year. Both businesses are great examples of our ability
to attract well run broking companies as a result of our flexible,
relevant and realistic acquisition approach.”
Media Contacts
Kelly-Ann Knight
Group Head of External
Communications
Towergate
Mobile: 07717 866190
Email: kelly-ann.knight@towergate.co.uk
Simone Spinks
Group Communications Manager
Towergate
Mobile: 07872 821666
Email: simone.spinks@towergate.co.uk