Many see this as working to the detriment of the insurance sector by removing individuality and niche players.
However, having recently been acquired myself, I feel well qualified to advocate the benefits of such a partnership.
I believe Towergate is a broker’s best friend – it provides a platform for success, access to expertise that wouldn’t previously be available, opens up a wider and more level playing field and offers resources.
The individuality of my business isn’t being eroded, if anything it will grow.
Towergate is a centre of excellence for players in niche sectors – we are treated as entrepreneur partners, rather than employees.
During the acquisition, we agreed a mutually convenient timeframe, the resultant plan followed all the set deadlines and communication was excellent.
Areas of my business that need working on have actions and timescales, and every aspect of this acquisition has run like clockwork.
The Partnership has acquired over 130 specialist insurance businesses – allowing us smaller ‘Davids’ to join a ‘Goliath’ and enjoy the same benefits as our larger counterparts.
I urge others to join the team and take advantage of the benefits on offer.
Yours sincerely
Simon Burgess
Managing director
British Insurance