Market moves: High-profile changes at Allianz, Zurich and Towergate

A welcome mat in front of a door

The industry witnessed a number of major departures this week with Chris Hanks, Karl Bedlow and Nick Houghton leaving their roles at Allianz, Zurich and Towergate respectively.

Bedlow and Houghton are taking up new challenges with Tesco Bank and JM Glendinning, while Hanks is to retire next year. Broker markets director Simon McGinn has been named as his successor.

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