Towergate Underwriting, part of Towergate Partnership, is one of the UK's leading providers of specialist insurance products. We use our underwriting expertise to provide a wide range of insurance policies, including cover for niche markets that are often difficult to obtain elsewhere. However weird and wonderful we’ll do our best to help you find a product to suit your clients’ needs.
Towergate Underwriting announces launch of Geo Specialty
Official Towergate statement:
Towergate Underwriting today launches Geo Specialty – a new London business with a new team of market specialists.
The first market to go live is political violence, with others following throughout the year.
Political violence is led by Senior Underwriter Marcus Meredith, who has joined Towergate from DUAL International Ltd and brings with him a wealth of experience in political violence MGA underwriting for both local and international territories.
Towergate Underwriting CEO Paul Dilley said the new business was a fundamental part of their strategy to become a key player in the specialty market.
“We have been talking to the market about our intentions for some time and I’m delighted that we’re now in a position to launch the first element of Geo Specialty,” he said.
“With political violence, we have created a market-leading, bespoke terrorism product for both private and commercial clients, backed by Lloyd’s of London capacity. It provides choice in an ever more uncertain world, and gives far more comprehensive coverage than the Pool Re offering.
“This is our first step towards building a strong London Underwriting business. We are identifying markets where we can really add value and make a difference through our underwriting expertise and products.”
Towergate Underwriting is part of the newly formed diversified insurance intermediary, The Ardonagh Group and today’s announcement is a marker of our continuing growth into new markets.
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