Andy Homer
New equity for Towergate
Towergate Partnership has secured new equity investment, after signing a preliminary agreement with an international private equity house, Post understands.
Editor's comment: Fill in the Blancs
So with the country covered in the white stuff it was somewhat fitting that French insurer Axa unveiled the Amanda Blanc as its commercial boss.
Blanc's Towergate shares trigger fears of conflict
Amanda Blanc's appointment as Axa's commercial chief executive has raised questions over a potential conflict of interest with her position as a Towergate shareholder.
Bluefin's Reid predicts closer links with Axa under Blanc
Bluefin chief executive Stuart Reid has said the appointment of Amanda Blanc as CEO of commercial lines at Axa UK could spell a new era of closer trading between the insurer and its distribution arm.
Postscript - five years ago: Towergate to launch £50m VC arm
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Penny Black's insurance week
It seems that while Andy Homer's son Oliver decided to follow him into the same market, their shared passions do not coincide when it comes to football.
Career development & CSR news: Towergate 100 run royal parks
More than 100 Towergate staff are to take part in the Royal Parks Foundation half marathon to raise money for Cancer Research UK and other charitable causes.
Towergate: bond issue is still on 'to do' list
Towergate is keeping the brakes on its £665m bond issue in response to little improvement in the financial markets.
Penny Black's Insurance Week
Insurance and West Bromwich Albion have not appeared in conjunction too often in this column in the past — bar one reference to Baggies fan and Towergate CEO Andy Homer's lucky pants, perhaps.
Postscript - 10 years ago: Rule book gets cautious welcome
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Never say never for Towergate bond issue
Last week's decision by Towergate to cancel its £665m bond issue did not come as a great surprise.
US investors ready to back second bond push
Towergate believes that there is a healthy appetite among US investors if it goes ahead with a bond issue in the near future. The consolidator postponed its original £665m placing last week, and will bide its time until the beginning of July to see if…
Insurer ratings: The rate debate
With the troubles that have beset Quinn recently, Daniel Dunkley asks whether brokers should take more notice of whether an insurer has a rating or not.
Homer defiant over "negative" outlook
Towergate chief executive Andy Homer has refuted rating agency Moody's claim that its short-term outlook is 'negative', insisting it will not sell off parts of the business to cut debt.
Brokers offer welcome mat
Quinn Insurance's fall into the hands of administrators was "a disaster waiting to happen", according to broker bosses.
Towergate shuffles senior management
Towergate Partnership has appointed Jonathan Walker as managing director of the retail division and Mike Newman as its new chief information officer in a management shake-up at the firm.
Broker Network appoints new MD
Nick Houghton promoted from sales & marketing director