Towergate rebrands broking business as ‘Bishopsgate’

Towergate Insurance, an independent insurance intermediary in the UK, has renamed its London Market broking business as Bishopsgate.

The rebranding of its business follows the appointment of a number of senior managers, according to the company.

Bishopsgate specialises in property, liability, motor, professional indemnity and jeweller’s block insurance.

Spearheading Bishopsgate is managing director (MD) Neil Pearce, who joined in August and was previously MD at Windsor Insurance Brokers.

Supporting Pearce is broking and distribution director Paul Longhurst, who ran the London Market broking team at Bluefin for 25 years, growing the business from £45 million to £75 million gross written premiums.

The rationale behind the name change comes from the office move to 55 Bishopsgate, London, in February.

Neil Pearce, managing director of Bishopsgate, said: “Our new name reinforces the incredible roots our team has in the City’s insurance market.

“The team and I look forward to visiting and working closely with brokers across the UK to provide with them a first rate service proposition and via Bishopsgate, access to our extensive panel of Lloyd’s and London Market insurers.”