Lloyd's acquisition could be on the cards for Towergate

Towergate could revive its plans for a presence in Lloyd’s as it hits the acquisition trail once more, Insurance Times reports this week.

Towergate has a £100m warchest for acquisitions following its private equity deal with Advent last month.

Towergate Underwriting chief executive Clive Nathan outlined plans to target niche, specialist businesses, inside or outside Lloyd’s.

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