Market responds to Gallagher ending business with Towergate
Development comes just over a week after Towergate confirmed it is up for sale and has cash flow issues.
Sister title Post has reported the response to a leaked internal memo from Arthur J Gallagher telling staff to avoid placing business with Towergate Underwriting.
Janice Deakin, UK retail CEO at Gallagher confirmed in a statement to Post: "I'm reluctant to comment on our competitors.
"However, having considered all the information in the public domain, we believe that the measures we have put in place are our best course of action. Whilst the future remains uncertain, we remain committed to
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