28 January 2016

Towergate is today pleased to announce the appointment of Andy Baughan as Chief Underwriting Officer.

Andy joins Towergate from RSA, where he has been Product and Pricing Director for UK Personal Lines since June 2013.

Andy has also worked for Tesco Underwriting, Zurich Financial Services, Churchill Insurance Group and Hiscox in a variety of senior underwriting roles.

Paul Jewell, Chief Underwriting Officer at Towergate since October 2013, has decided to pursue his next career move and leaves Towergate having made significant progress in building our underwriting capability and presence over the previous 24 months.

Andy will report into Adrian Brown, CEO Underwriting and COO of Towergate.

Commenting on his appointment today, Andy Baughan said:

“The Towergate opportunity is without doubt the most exciting proposition in the UK insurance market. The scope to build upon an already admired underwriting business, coupled with the support of leading carriers and backed by long term financial investment is an irresistible personal challenge.”

Adrian Brown added:

“I'm delighted that we have attracted somebody with the expertise and knowledge of Andy to Towergate and even more delighted that he is joining my team. Andy will help build on what is already a market leading MGA by bringing his own ideas on how to grow this business in collaboration with our brokers and insurer partners.”

Notes to Editors

Launched in 1997 Towergate is the UK’s largest independently owned insurance intermediary, generating more than £3 billion of pro forma gross written premiums across its companies and
employing c. 4,400 people across 100 UK offices.

Towergate is an important distribution channel for a significant range of insurance products and a key strategic partner for the UK’s largest insurers.

Towergate’s scale, customer insight and distribution relationships make it a unique business and a leader in the markets in which it operates. Its combination of distribution and underwriting gives it unparalleled consumer data and market insight.

For further information visit www.towergateinsurance.co.uk

Media Queries Internal Contact

Kelly-Ann Knight - Corporate Communications Director

Towergate Insurance Limited

Email: kelly-ann.knight@towergate.co.uk