"We look forward to working with Tim and his team in this exciting next chapter in our ongoing development."
- Iain Laws, CEO of Towergate Health & Protection
Benefiz Ltd was first established to help smaller employers offer benefits to their staff that are usually exclusively available to larger firms. It reviews, designs, sources, and implements a wide range of benefits managed online via one of its flex platforms.
Now acquired by Towergate Health & Protection (part of the Ardonagh Group), Benefiz will operate as part of the whole-of-market adviser. This enables Towergate to widen its range of services to include pension benefit support.
“Benefiz is a strategic addition to our business which will contribute to our ongoing growth through the addition of benefits technology platforms and pension administration capabilities. This will help us meet growing demand from larger businesses for a holistic approach to employee benefits and marks our evolution into a comprehensive employee benefits adviser,” explained Iain Laws, CEO of Towergate Health & Protection.
Tim Gillingham, Founder & CEO of Benefiz, added: “Joining Towergate Health & Protection and the broader Ardonagh Group will help support our continued growth by allowing us to cover more services to existing Towergate clients meeting the growing demand from clients for a single advisory firm managing all their benefits.
“In looking for the right owner for Benefiz, opportunities for our team, and the commitment to support our continued growth were paramount. In Towergate Health & Protection we’ve found both. We’re thrilled to be joining forces.”
