24 May 2016
Towergate Underwriting has today announced the appointment of Martin Joyce to lead a newly formed Regional Specialty Business, as Towergate continues to focus on future growth initiatives and revenue opportunities.
With a primary focus on Financial Lines, including Professional Indemnity, Directors and Officers and Crime, Martin will build a proposition which allows Towergate Underwriting to reach more people through more products. Martin will be based in Manchester and will report into David Bruce, CEO Commercial Lines.
Commenting on this hire today, Towergate CEO Underwriting Adrian Brown said:
“We’re cracking on, seizing upon the numerous opportunities we have to review and refresh our broker proposition as we regain our confidence in the market. The appointment of Martin and the creation of a specialty lines capability addresses a genuine gap in our portfolio and is part of a much broader strategic plan to build our strength and depth as an underwriting agency.
Martin is well known to many of us in the group, as both a respected trading partner and competitor. Over time, we’ll be looking to build a team underneath him across other specialist lines, by recruiting more key talent, forming a “go to “team in this space.”
Martin has been in the Regional commercial Insurance Market for over 25 years. Following a stint a regional broker in the late 90’s Martin spent 3 years at AIG, underwriting Liability in the UK and Internationally and then 4 years in commercial development and broker management at Allianz before joining DUAL Corporate Risks Ltd in March 2007, where he built a hugely successful regional financial lines business and developed the broker distribution model.
Launched in 1997 Towergate is the UK’s largest independently owned insurance intermediary. 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.