Towergate has acquired Sutton Transmar from the Sutton Group.
The specialist in haulage, removal and storage, freight forwarding and marine cargo risks controls more than £4m in gross written premium.
Towergate has indicated the purchase will strengthen its third-party broker commercial accounts.
Andy Homer, chief executive of Towergate Partnership said: ”Sutton Transmar is a very good fit with our profile. They are a well-run specialist team that will strengthen our underwriting capability by adding some key expertise to Towergate.”
Richard Goff, director of Sutton Transmar said: “We have always strived to offer our supporting brokers a quality product at competitive rates backed up by expertise in our specialist areas. I am delighted that, with the backing of Towergate, we will be able to improve our service standards even further”.
