Towergate establishes underwriting presence in Newcastle

Towergate Underwriting has opened a new office in Newcastle targeting brokers based in the North East and Cumbria.

It has recruited a new team of local underwriters, led by branch manager Jon Hipkin who has more than 20 years experience supporting brokers across the region.

Towergate recently undertook research among brokers which revealed that many preferred dealing with businesses which had a local presence and could respond better to their particular needs and requirements.

Towergate Underwriting chief executive Clive Nathan said: “This new underwriting presence demonstrates a significant investment in supporting brokers locally at a time when many of the larger insurers are downsizing or moving out of the regions.

"We can now give our brokers in the North East and Cumbria access to local underwriters who really understand their business and who they can trade with face to face.”