Coronavirus help and support for our Towergate Insurance Brokers customers

Government furlough scheme extended until October 2020

Government furlough scheme extended until October 2020

On Tuesday 12th May 2020, the Chancellor Rishi Sunak announced that the UK Government furlough scheme would be extended until October 2020.

There will be no change to the levels of support provided, remaining at 80% of employees’ salary up to £2,500 per month. However, from August 2020, new flexibility will be introduced to encourage getting employees back to work and thus, boost the economy.

This flexibility allows furloughed employees to return to work on a part-time basis, with employers being asked to contribute towards the cost of their salaries.

Until August 2020, the scheme will continue in its current form. View more detail and eligibility criteria.

Statistics published on 12th May revealed that the scheme has so far protected 7.5 million workers and 1 million businesses.

Source and more information.

For more information or for a full review of your insurance needs, please continue to contact your usual Towergate Insurance Brokers adviser or email TIB@towergate.co.uk.

The information contained in this bulletin is based on sources that we believe are reliable and should be understood as general risk management and insurance information only. It is not intended to be taken as advice with respect to any specific or individual situation and cannot be relied upon as such. If you wish to discuss your specific requirements, please do not hesitate to contact your usual Towergate Insurance Brokers advisor.


Coronavirus (Covid-19) – Update for Towergate customers


During the COVID-19 Coronavirus crisis, we want to reassure our customers and partners that we are following UK Government guidance,
and as a result our national offices are closed to both safeguard the health of our employees and our ability to look after our valued clients.
Where possible, our employees are working from home and we are still fully able to support with renewals, new cover requirements and
claims guidance and support. This includes giving our colleagues the ability to work from home or alternative locations,
which we hope will limit the disruption and enable you to speak to us for advice and support should you need it.
Read more