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Towergate poaches new boss

Towergate poaches new boss

11 February 2015

Troubled broker Towergate will be run by the former chief executive of US insurance giant Arthur J Gallagher as it emerges from financial peril.

Insurer taken over by US giant

Insurer taken over by US giant

11 February 2015

An agent which provides commercial insurance for small and medium-sized businesses has been snapped up by an international broker.

Creditors saved from oblivion in £300m deal

Creditors saved from oblivion in £300m deal

09 February 2015

Lower level bondholders have taken control of Towergate days after the company announced a restructure wiping out 60% of its £1bn debt.

Lower debt for insurance giant after sale

Lower debt for insurance giant after sale

03 February 2015

Bondholders at Towergate have suffered heavy losses after huge parts of its debt were wiped out in a takeover by creditors, saving thousands of jobs.

Marine engineers bought in £11m deal

Marine engineers bought in £11m deal

03 February 2015

A company which repairs and builds warships and super-yachts has been taken over in a management buyout backed by private equity investors.

Try to have a ball at work

Try to have a ball at work

02 February 2015

Clear instructions and having a ball (pool) can boost your profits by keeping staff happy.

Saga acquires motorbike insurer

Saga acquires motorbike insurer

29 January 2015

The over-50s holiday and insurance firm has paid £26.3 million for Bennetts in a bid to expand its broking operations.

Name change to spark international move

Name change to spark international move

26 January 2015

An accountancy and financial services firm has rebranded to highlight the services it can offer clients abroad.

Burdensome paperwork stalling growth

Burdensome paperwork stalling growth

20 January 2015

Two thirds of small and medium-sized businesses think day-to-day administration is holding them back, according to a survey.

Takeover bid for insurance broker

Takeover bid for insurance broker

19 January 2015

One of Kent's largest private companies, which handles £3bn of insurance premiums, has received a £1 takeover bid which will write off £715m of debt.

Industrial estate bought in £30m deal

Industrial estate bought in £30m deal

15 January 2015

A property investment group has snapped up a trading park which is home to brands like Travis Perkins and Screwfix.

Shot in the arm for nursing agency

Shot in the arm for nursing agency

06 January 2015

A company which supplies nurses and carers to hospitals and homes has been given a "significant investment" after two years of rapid growth.

Insurer quiet on takeover rumours

Insurer quiet on takeover rumours

05 January 2015

Troubled insurance broker Towergate is keeping a low profile despite reports a £164bn New York private equity firm is lining up a takeover bid.

Turnover growth at law firm

Turnover growth at law firm

05 January 2015

A legal practice with three Kent bases has seen its revenues rise rapidly in six months after taking on 20 new staff.

Insurance giant begins sell off

Insurance giant begins sell off

09 December 2014

The largest privately-owned insurer in the UK, based in Kent, has sold its aviation cover business as it tries to turn around recent heavy losses.

Insurer bought by French rival

Insurer bought by French rival

02 December 2014

An independent insurance firm has been acquired by a mutual group in France which handles more than £12bn of premiums a year.

Chancellor urged to reduce business rates

Chancellor urged to reduce business rates

01 December 2014

Kent bosses have outlined their wishlist for the Autumn Statement due to be delivered by George Osborne this week.

Firm expands after 100 years

Firm expands after 100 years

01 December 2014

A solicitors based in a town for more than a century has opened a new office in another part of Kent.

Drilling firm engineers cash injection

Drilling firm engineers cash injection

28 November 2014

A consultancy in the offshore drilling industry is set to take on more staff and contracts after agreeing a six-figure investment from the bank.

The secret to getting in with the crowd

The secret to getting in with the crowd

27 November 2014

Crowdfunding has emerged as the new trend for businesses to raise money but there is a knack to getting the cash.

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