Towergate is a leading insurance intermediary in the United Kingdom, providing a wide range of insurance products and services to both individuals and businesses. The company was founded in 1997 by Peter Cullum and is headquartered in London, England. Towergate offers various insurance products, including motor, home, travel, pet, and business insurance.

They also provide specialist insurance solutions for sectors such as construction, healthcare, professional services, and real estate. In addition to insurance products, Towergate offers risk management services, claims handling, and employee benefits solutions. On a global scale, Towergate operates through a network of subsidiaries, joint ventures, and partnerships.

Some of its noteworthy subsidiaries include Paymentshield, a leading provider of mortgage-related insurance, and Autonet, a specialist motor insurance provider. Towergate has also formed partnerships with major insurance companies such as Axa and Aviva. In terms of market position, Towergate is one of the largest insurance intermediaries in the United Kingdom.

It has a substantial market share and is known for its customer-centric approach and innovative insurance solutions. Towergate competes with other major insurance intermediaries such as Aon, Willis Towers Watson, and JLT Specialty. Towergate has achieved several significant milestones throughout its history.

In 2007, it became the first insurance intermediary in the UK to be listed on the London Stock Exchange. However, in 2015, the company faced financial difficulties and underwent a major restructuring, which involved a change in ownership and a debt-for-equity swap. Currently, Towergate is owned by a consortium of leading global investment firms and operates under the name The Ardonagh Group.

The company has diversified its product portfolio and continues to focus on providing tailored insurance solutions to its diverse customer base. As of the latest update, Towergate is a key player in the insurance market, leveraging its expertise and strong relationships with insurers to deliver comprehensive insurance solutions to individuals and businesses across the United Kingdom