Agency Requests

Agency application for sub agents who are regulated by the FCA

To be eligible for an Agency with Towergate Underwriting Group Ltd (TUGL) you must have all the FCA permissions to operate as a Fully Authorised Agent (FAA). You must be able to introduce appropriate TUGL products to your clients with a commitment to place with TUGL a total annual Gross Written Premium (GWP) of not less than £50,000 per annum.

  1. Please download and complete the Agency application.
  2. Return your complete Agency application to agency@towergate.co.uk
  3. Include with your Agency application:
  • A copy of your latest RMAR/GABRIEL or, if the Company has been registered with the FCA for less than a year a copy of your Financial Resources declaration to the FCA.
  • A copy of your Professional Indemnity Certificate / Schedule of insurance stating the period of cover, insurer name and indemnity limit.
  • Confirmation of your total GWP, the top 3 products you are placing, the top 3 underwriters you place with and your projected GWP to be placed with Towergate over the next 12 months.

In connection with this application, TUGL will carry out the necessary searches with a licensed Credit Reference Agency, and may also ask them to check all or any of the application details you have submitted. You hereby expressly consent to such search or check. Should this application be successful, you agree to adhere to and be bound by TUGL terms and conditions of membership.

You can download an example of the FAA ToBA and the Schedule 3.

Broker profile form

If you wish to apply to upgrade an existing TOBA to Premier Broker please complete the online Broker Profile form and email this to the Broker Development Director of Towergate Insurance, julian.palmer@towergate.co.uk