Towergate forms Specialty London Markets division; hires DUAL execs

Towergate Underwriting has formed a Speciality London Markets underwriting division.

John Murphy and Glenn Marshall have been hired to join the firm for the division. They join Towergate from DUAL, an international underwriting agency, where they have headed a speciality liability business for more than 3 years.

The division will write a general liability portfolio, encompassing employer’s liability, public liability and products liability and will be based out of the Mitre Street office, where an underwriting floor will be created.

Adrian Brown, chief executive officer, Towergate Underwriting, said: “These are hugely important hires and indisputable evidence that we are attracting the very best talent in the market as we look to take a leading position in this space.

“John and Glenn will lead a business which perfectly complements our existing strengths in both the commercial and construction markets across our underwriting brands, bringing added value to our developing London Market capability and to our more established regional businesses.

He added: “We’ve worked closely with our broking customers who are telling us they need improved and direct access to this speciality market and we are hugely excited to be responding to this demand. More broadly, it supports our underwriting ambitions to extend our offering to more clients and to add to our existing capability.”