A “formidable figure” in the insurance industry has joined major broker Towergate to help speed up the firm’s growth in London.
The brokerage firm has appointed Neil Pearce as managing director of Towergate London Market. He will join on September 5, reporting to group chief executive David Ross.
“Neil is a formidable figure in the London Market and we’re delighted that he has chosen to join us,” Ross said.
“London represents a huge growth opportunity for Towergate and there are few people who have grown businesses in this market as fiercely as him,” he added.
Pearce most recently served as executive director at RKH
Specialty where he was responsible for the UK and international liability team.
He was also the managing director of Windsor Insurance for 20 years and executive director of SBJ Marine and Energy.
Ross said Pearce’s appointment signals Towergate’s plan to accelerate growth in the London market.
“He is without doubt a London Market heavyweight who’ll bring serious gravitas to our EC3 operation,” Ross said.
Commenting on his appointment, Pearce said he is “genuinely excited by a real opportunity to breathe new life” into the firm’s London market offering.
“I am particularly looking forward to revisiting the Towergate London Market identity, to spending time with colleagues and customers to better understand the purpose and ‘soul’ of this business,” Pearce said.
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