Internal restructuring
United Kingdom
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65.1 - Insurance

133 jobs
Number of planned job losses
Job loss
Announcement Date
24 April 2017
Employment effect (start)
Foreseen end date


Insurance company Towergate has announced that it is to cut 133 jobs from its operations. The losses will be split equally between the headquarters in Maidstone, Kent and the site based at Leeds Airport West. The company has announced that there will be a 60 day consultation period, which comprises the statutory period of 45 days, plus a further 15 days of individual meetings. The timetable for the job losses will be confirmed through the consultation process. In January 2017 the company announced cuts from its offices based in Manchester. Towergate employs 4,225 staff working from more than 100 offices across the UK.


  • 24 April 2017: Insurance Times
  • 25 April 2017: Kent Online


Eurofound (2017), Towergate, Internal restructuring in United Kingdom, factsheet number 90952, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90952.