Woodgate & Partners is the broker's latest acquisition
Towergate Partnership has announced the acquisition of Kent based insurance broking firm, Woodgate & Partners. Under the deal, all 29 staff and directors have made the move to Towergate. The team will continue to be led by chief executive John Harrison, based in Maidstone.
Established in 1972, Woodgate & Partners is a general commercial and financial services broker handling £8m GWP. The firm has a particular strength in affinity schemes for exhibitions, events, salons and beauticians and was granted approval as a Lloyds broker in 2007.
This acquisition also strengthens Towergate’s presence in Kent where it already has offices based in Maidstone, Sevenoaks and Whitstable.
Peter Cullum, executive chairman of Towergate said: “Woodgate & Partners is a very good fit with our profile. They are a well-run team that will strengthen our portfolio of affinity schemes business. We’re also delighted to have increased our presence in Kent through the acquisition of this leading regional broker.”
John Harrison, chief executive of Woodgate & Partners said: “We have always strived to offer our clients a quality product at competitive rates backed up by expertise in our specialist areas. I am delighted that, with the backing of Towergate, we will be able to improve our product and service offering even further”.
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