Deals: Towergate Buys Murton Alexander

Towergate has announced the acquisition of assets from Murton Alexander Insurance Services Ltd (“Murton Alexander”).

Founded in 1972 by Robin Pountney and now run by his son, Managing Director Rob Pountney, Murton Alexander is one of the longest serving independent insurance brokers in Swansea, Wales. The five-person team, which specialises in commercial and personal lines insurance, with an additional focus on taxi cover, will transfer along with the associated books into Towergate’s existing Swansea office led by Area Director Gary Stevens.

This acquisition brings together the best of independent community broking within Wales, bolstering Towergate’s local footprint, expertise and reach. Gary Stevens, Towergate Area Director for Wales, said:

“Rob and his team are well known as specialist local brokers, with a wealth of knowledge of the Swansea community, which combined with our existing team will help us meet the ever-changing needs of more local clients, with their insurance and risk management requirements.

“This acquisition also marks an exciting opportunity to strengthen our existing taxi specialism, building on our capabilities, relationships and knowledge.”

Murton Alexander Managing Director Rob Pountney added:

“Towergate prides itself on delivering clients a high-quality service with a local, community focused touch, which is something that we also strive to deliver to our customers.

“I see this as a great opportunity to come together to build our presence in Wales and also to tap into the strength and stature of the Towergate brand, its proposition and insurer relationships, to collectively build more long-standing relationships with customers and deliver great outcomes together.”

Towergate also recently bought the Corporate Retail book of AFL brokers, based in Manchester.

About alastair walker 5639 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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