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Announced

Completed

Towergate Health & Protection completed the acquisition of Benefiz.

Synopsis

Towergate Health & Protection, a whole-of-market adviser offering independent insurance broking services for businesses and individuals worldwide, completed the acquisition of Benefiz, an award-winning firm established to assist smaller employers in offering benefits typically available only to larger companies. Financial terms were not disclosed. "Benefiz is a strategic addition to our business, contributing to our ongoing growth through the addition of benefits technology platforms and pension administration capabilities. This marks our evolution into a comprehensive employee benefits adviser," Iain Laws, Towergate Health & Protection CEO.

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