Other Businesses

Towergate has acquired and developed a number of businesses outside the traditional scope of general insurance. This move into related areas of mortgage protection, personal finance and technology provision gives us a range of first class distribution channels for our brokers and clients.

Towergate's other businesses

 

These businesses include:

Paymentshield
The UK’s leading supplier of mortgage protection and household insurance products, Paymentshield has a strong reputation for expertise and product knowledge. According to Council of Mortgage Lenders research one in seven mortgage applicants in the UK becomes a Paymentshield policyholder.

Open GI
Open International Limited, with its subsidiaries Open GI and London Market technology provider, MI Ltd, is our largest acquisition to date. With 27,000 users of its system across 2,000 commercial and personal lines brokers, Open GI has around 40% of the UK broker market and has built strong partnerships with all major insurers. It also safeguards one of our main strategic IT platforms.