19 March 2015

The Towergate Group is delighted to announce the *appointment of Sarah Dalgarno to the Towergate Executive Team as Chief Risk Officer (CRO). She will work alongside the existing members of the team and will add considerably to Towergate’s team of talented leaders.

Sarah has more than 25 years’ industry experience and joins the Group from Arthur J. Gallagher International, where she was Chief Risk Officer. Current Towergate CRO, Keith Jackson, had originally planned to depart Towergate in 2014 but agreed to stay to support the change of ownership. Keith will remain with Towergate until Sarah’s arrival to ensure a full and orderly handover.

Scott Egan, Interim CEO, said: “I’m delighted to announce that another senior industry leader is joining Towergate, showing our ability to attract the very best talent. Sarah’s unrivalled risk and governance experience will be critical in helping Towergate navigate the heightened regulatory backdrop in which the industry continues to operate. I’d also like to thank Keith for his considerable contribution to Towergate and wish him all the best for his future.”

Sarah Dalgarno

Sarah joins Towergate from Arthur J. Gallagher, where she spent nine years, latterly as Chief Risk Officer, responsible for all regulatory, compliance risk management and governance matters of the UK regulated entities and international operations.

Prior to Arthur J. Gallagher, Sarah worked at the FSA where latterly she managed the team managing London Market Insurance Brokers and had earlier been a member of the Regulation of Insurance project, which was tasked with restructuring the way in which insurance companies were supervised.

Sarah started her insurance career straight from school, working in the claims department at the Prudential and Churchill Insurance Group. Prior to joining the FSA, Sarah spent six years working within the group risk function at BAE Systems. Sarah is a Chartered Insurance Practitioner.

* Subject to appropriate notice period and regulatory approval.

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 over 5,000 people across more than 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.

Towergate operates across five core divisions:

  • Insurance Brokers – Towergate Insurance Brokers distributes specialised personal lines and products, and more general products aimed at SMEs through around 90 broking offices located across the United Kingdom
  • Underwriting – Towergate’s underwriting division is the UK’s largest MGA, providing specialist insurance products for brokers, without taking the ultimate capital risk. The MGA has over £750 million GWP under management
  • Direct – Towergate Direct sells specialist Personal Lines and SME products primarily through telephony and digital distribution channels
  • Paymentshield – Paymentshield is the leading provider of insurance products to mortgage brokers
  • Network – Broker Network represents the largest Network for insurance brokers in the UK. The brand remains the leading proposition in the market in terms of size and breadth of service with 600 Members

Media Queries Internal Contact

Kelly-Ann Knight - Corporate Communications Director

Towergate Insurance Limited

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