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About Towergate > In the media > Press releases 2006 > Zurich

Towergate Acquire £2.7m Zurich Portfolio

Towergate Partnership have announced the acquisition of the Zurich Home Insurance portfolio from Network Data Limited.

The portfolio representing circa £2.7m of gross written premium will now be managed via Towergate who will continue to administer on behalf of Network Data.

Plans are also well advanced to launch additional products through Network Data underwritten by Zurich Personal Lines.

Tony Proverbs, Towergate Partnership, said: "This is a second portfolio purchased from our friends at Network Data and cements our existing relationship with both them and the 300-plus mortgage brokers who represent the Network Data agency base.

"We continue to work with Network Data to develop our product offering to their mortgage broker members."


Media Contacts

Russell O'Connor

Group Communications Manager

Towergate

Tel: 01622 656782

Mobile: 07760 282586

Email: Russell.o'connor@towergate.co.uk

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