Towergate today announces the appointment of Paul Dilley to the Executive Committee.
Towergate Insurance’s Claims division proudly accepted the Broker Claims Initiative of the Year prize at the 2016 Insurance Times Awards, held on 01 December 2016 in London, finishing the year on a high following a slew of shortlistings at industry awards over the past few months.
Towergate Insurance (the “Group”), one of the leading independent insurance intermediaries in the UK, today releases its Q3 results statement covering the nine months to 30 September 2016.
Towergate today announces that its Board of Directors has approved the appointments of Vahe A. Dombalagian and Clive Bouch as non-executive directors. Both appointments are subject to regulatory approval.
Towergate today announces that it has entered into an agreement with Alcumus SafeContractor to offer insurance to the 27,000 members of its health and safety accreditation scheme.
Fusion is delighted to announce the agreement of a £150m capacity deal with Tokio Marine Kiln to run over five years.
Sentry Holdings Limited ("Sentry") and TIG Topco Limited ("Towergate") acknowledge the completion today of the cash offer (the “Offer”) made by Tango Investments, LLC (the “Offeror") to purchase all the shares and warrants in Sentry and Towergate and the Offeror becoming the holder of shares giving it 17.9% of the voting rights in Towergate.
Further to the announcement made on 28 October 2016 by Madison Dearborn Partners, LLC ("MDP") that a cash offer (“Offer”) made on 22 September 2016 by its affiliate, Tango Investments, LLC (“Offeror”), for all outstanding issued shares (“Shares”) in TIG Topco Limited (“TTL”) and Sentry Holdings Limited (“SHL”) and warrants in SHL (“Warrants”), under the terms of the document containing the Offer (“Offer Document”), had become wholly unconditional, MDP, on behalf of the Offeror, today announces that completion of the Offer took place on 4 November 2016 (“Completion”).
Towergate has renamed its London Market broking business as Bishopsgate further to the appointment of a number of experienced industry leaders.
We are pleased to announce Towergate will be releasing its Q3 2016 Interim Management Statement covering the 9 months to 30 September 2016 on Tuesday 22 November 2016 at 0700 (UK).