Coronavirus help and support for our Towergate Insurance Brokers customers

Risk Alert - Carillion

Risk Alert - Carillion

You will now be aware of the recent announcement about the liquidation of Carillion. With such a massive and complex failure, at this stage some of what is being said is conjecture and speculation. The hard facts are though, that just under 20,000 Carillion jobs in the UK could go – although hopefully many will be redeployed to whichever company takes over the contracts they are working on. However, many more jobs are at risk as 5,000 suppliers and smaller subcontractors could go out of business with the double hit of potential large bad debts coupled with the loss of future income.

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Coronavirus (Covid-19) – Update for Towergate customers

· Update as at 16 March 2020

With the COVID-19 Coronavirus situation evolving daily, we want to reassure our customers and partners
that we are continuing to follow government guidance, and have been working for some time to prepare for all potential outcomes
for our business and to support clients and customers through this sustained period of uncertainty.
Towergate Insurance Brokers is currently operating business as usual, and we are working behind the scenes on a range of plans
to continue serving clients without interruption and ensure we are prepared, should guidance and advice change quickly.
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