Mortgage News
Towergate acquires British Insurance
Towergate has acquired British Insurance for an undisclosed sum in a deal signed late last night.
Simon Burgess, managing director of British Insurance, said: ” We have built our business on our commitment to offering a very competitive and compelling proposition to consumers and concluded that Towergate was the ideal partner to support us this next phase of development.”
Peter Cullum, executive chairman of Towergate, said, “British Insurance is a great signing for Towergate and complements our existing payment protection capabilities.”