Peter Newson to head financial risk division

Towergate Underwriting has appointed Peter Newson as managing director of Towergate Underwriting Financial Risk.

Newson has joined Towergate from Lloyd’s broker First City Partnership where he was a partner in the PI/FI division.

He said, “I’m delighted to be joining such a strong underwriting team which thrives on delivering great service and products to brokers.

“My ambition is to develop an even better financial risk offering for brokers which can add value to their client proposition.”

Towergate Underwriting chief executive Clive Nathan said: “Peter brings a wealth of experience which will add to the talented team of underwriters we have in the financial risk space.

“This appointment yet again demonstrates our ability to attract the very best people who want to take their career to the next level and be part of a winning team.”