Towergate Insurance today sealed the deal on its buyout of Norwich and Peterborough Insurance Brokers signalling the latest phase of a move to increase its presence in the region.

To send a link to this page to a friend, you must be logged in.

Established in 1996 following a previous acquisition from Halstead Insurance Brokers, Norwich and Peterborough Insurance Brokers (NPIB) was the non-life insurance operation of the N&P.

As part of the acquisition, 60 staff currently based in building society branches will be relocate to Towergate Group offices, while Steve Kendall, sales and operations director of NPIB will continue to lead the business.

The move follows a strategic review by Yorkshire Building Society, which took over the N&P last year, and a decision that all general insurance products offered by the society would be provided through RSA Group.

0 comments

ADVERTISEMENT

ADVERTISEMENT

Most read business stories

Mark Wilson the CEO of Aviva. Picture PA.

Echoes of past Norwich Union merger for uncertain Aviva staff

EDP Business editor Ben Woods analyses the implications for Aviva staff following Friday’s announcement of a potential merger with Friends Life

Read full story »

loading...

ADVERTISEMENT

ADVERTISEMENT