Editor's letter - December 2014
“‘Insurance is a people industry’… But it is precisely the people who are at risk of being forgotten in the quick-fire way this story is unfolding”
Pretty much all the angles have been covered in the on-going trials and tribulations of Towergate. The question of who will buy the beleaguered broker has been looked at in depth. The favourite appears to be Marsh but that does not really count for much in such a wide open field. Topics such as whether it might be split into separate sections, should brokers continue to deal with the underwriting arm, if investors will lose money and just how it can get out from under its £1bn of debt have been
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