25 July 2016 Insurance

Towergate names managing director to lead growth

Towergate Insurance has appointed Neil Pearce as managing director of Towergate London Market, effective September 5 2016.

Pearce will report directly to group chief executive David Ross and has over 20 years of experience in insurance, having most recently served as executive director at RKH Specialty, where has was responsible for the UK and International liability team.

Prior to this, he was managing director of Windsor Insurance Brokers and executive director of SBJ marine and energy.

The appointment follows Paul Longhurst being named broking and distribution director, effective August 11 2016.

David Ross, chief executive officer of Towergate Group, said: “Neil is a formidable figure in the London Market and we’re delighted that he has chosen to join us.

“London represents a huge growth opportunity for Towergate and there are few people who have grown businesses in this market as fiercely as him.

Neil’s appointment signals a clear intention by Towergate to accelerate growth in this space. He is without doubt a London Market heavyweight who’ll bring serious gravitas to our EC3 operation.”

Pearce added: “With a clear remit to focus on the UK wide network of Towergate brokers to provide London Market solutions, I am genuinely excited by a real opportunity to breathe new life into this offering.

I am particularly looking forward to revisiting the Towergate London Market identity, to spending time with colleagues and customers to better understand the purpose and ‘soul’ of this business, so that we can deliver against a clear set of shared objectives which will undoubtedly give an enhance competitive edge to our brokers.”

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