Chief executive Mark Hodges says growth is his main priority and he’s not setting any deadlines around divesting

Egan and Hodges, Towergate

Towergate chief executive Mark Hodges says he’s not setting any kind of deadline on Towergate completing a transaction – such as a sale or flotation – but instead focusing his efforts on growing the consolidator.

Towergate has nearly a billion pounds in debts and bond repayments begin in 2017.

“We’re not setting a deadline around anything,” Hodges said.

“My worry would be that if we were sitting around here with a load of targets, metrics and measures, my focus wouldn’t be on the growth.”

Click here to read the full interview with Hodges and chief financial officer Scott Egan.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.