Paymentshield

Towergate reports £58m first half loss

Towergate's operating earnings decreased by 40% to £39m (H1 2014: £65m) for the six months ended 30 June 2015 alongside a 10% drop in revenues to £184m for the period.

Paymentshield hires Rob Evans as CFO

Paymentshield has hired Rob Evans as its chief financial officer and tasked with working with the management team to delivering a business strategy for the company.

Axa inks £20m Paymentshield partnership

Axa Commercial Lines and Personal Intermediary has agreed to join Paymentshield household panel, in a move expected to deliver £20m of premiums over five years.