Towergate unit senior hire from rival broker will 'rejuvenate' division

Towergate has hired Colin Wallace as partnership director.

Wallace joins Towergate from Brightside Group where he was the distribution director responsible for the growth and development of the group’s affinity, affiliate and partnership business.

Prior to that he was head of partnerships management, accident, health and travel at ACE European Group for 2 years, having spent 8 years at Hiscox, as head of partnerships.

Wallace will report directly to Retail chief executive officer Steven Anson.

“Colin joins the organisation with sizeable knowledge and expertise, and an excellent reputation within the Partnership market,” Anson said.

“He has a clear remit to breathe life back into our Partnerships proposition, given our unique position in so many niche and specialist product lines.

“His appointment follows a period of disparate Partnership representation within the group, and signifies a commitment to drive this revenue opportunity as we continue to focus relentlessly on revenue generation and growth.”

Wallace added: “Towergate are now more than ever, open for business. A couple of months into the role and it is very clear to me that with the breadth of our proposition, strength of insurer relationships and market leading positions across a number of product areas we are well placed to grow and develop our business through Partnerships.”