Towergate: 15 new hires & London Market move to broking

  • More than 15 Account Executives appointed
  • Sales academy pilot scheme underway
  • Towergate London Markets to move into Broking with investment planned

Towergate Insurance Brokers (“TIB”) continues to push for expansion across the UK with the announcement today of the appointment of more than 15 Account Executives and Development Executives in the last six months, alongside investment into a sales academy and a Lloyd’s and London markets placement facility.

Recent appointments span across the country, from Henley to the Scottish Borders, in support of specialist face to face risk advice for SME’s and niche personal lines.

In addition to these hires, TIB is also piloting a Sales Academy in the East region. This two year development programme combines insurance and sales training and has been developed for existing employees wishing to pursue a career in sales as well as 6 new graduate recruits.

In further news, Towergate today also confirms that with effect from 01 July 2015, Towergate London Market (“TLM”) will move from the Towergate Underwriting Division into TIB.  Charles Reese, will continue as Managing Director of TLM and will report to Joe Thelwell, CEO of Advisory.

This change better aligns Lloyd’s and London Market placement with the Towergate Broking businesses. We expect to recruit further people into TLM, with broader investment strengthening its reputation and position within Lloyd’s and the London Market and ensuring that our offering is of the highest quality across all lines.

At the same time, a new “London” region has been formed within TIB to give more geographic focus on this important market. This affords the Group the opportunity to expand and grow the London foothold and to provide a more focused approach to the needs of city-based clients and prospects.

The new London region will comprise of Milton Keynes (Corporate), Hemel Hempstead, Romford, Sevenoaks and Faversham. Russell Collier has been seconded to head up this new team as the London Region Regional Managing Director (“RMD”) and will be supported by Rob Pollard, Area Director for London North and David Armstrong for London South.

 The Central Region will be renamed the Midlands Region and will consist of Leicester, Birmingham, Stoke and Warwick with Rob Simpson as RMD. 

Speaking about the continued expansion of TIB, Mike Lawton CEO of the division said today:

“Towergate Insurance Brokers is a business well placed to grab hold of strategic opportunities. Incorporating a Lloyd’s and London Market facility into the division will enhance our product proposition and market presence, ensuring we can offer a well-rounded service to clients. London is a key area of growth for us, so stabilising this region with the appointment of a dedicated team will allow us to capitalise on these real opportunities.

We continue to recruit new talent into the business; in addition to the confirmed appointment of 15 new account and development executives, we also have more than 50 further offers of employment in the market, with 11 acceptances in just the last few days.

This is real evidence of the pace with which we are investing in skills and people within Towergate broking.

It is vital that we maintain the highest possible levels of specialist knowledge and customer services across our branch network. We have always championed the importance of local, bespoke insurance advice, to help with the placement of complex and unique risks.

By nurturing a new generation of insurance sales professionals through our recently launched Sales

Academy, we can ensure we have the right people in the right roles regionally and contribute to the wider purpose of promoting insurance broking as a great career choice.”