Other businesses
There are also some specialist companies related to Towergate
through common shareholders, these businesses include:
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.
PowerPlace
PowerPlace provides electronic access to multiple markets allowing
electronic broking and policy fulfillment using Open Trader
software. Fully intergrated with Open GI back office software users
can take advantage of the single key multi market proposition with
price and cover comparisons.