Rumours of a £3bn sale are strenuously denied by Towergate
Towergate has strenuously denied rumours that the group is set to be sold.
According to a number of newspapers reports, Towergate has put a £3bn price tag on the company as a whole and has advised Lexicon Partners to handle arrangements for the potential sale.
In April, the group confirmed that Patrick Snowball, then head of Norwich Union, was to join Towergate as deputy chairman, and would be spearheading its growth into the IFA sector. At the time of the announcement, Insurance Times reported that speculation was rife that Towergate was gearing up for a flotation which would see Cullum retire and group chief executive Andy Homer leave the company.
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.
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.
