Competitors claim 'spooked' Cobra Network members looking for new home

David Truman Cobra Network

Recent departures from Cobra Network are giving competitors a chance to pick up more business, senior market figures have said.

The network’s managing director, John Lincoln, and director David Truman, both left in August, with Mr Truman subsequently appointed to the role of development director at FSJ Broking.

The departures were announced less then two months after Cobra came to an agreement with Alto Intermediary Group over its purchase, and many competitors said they felt that this is a cause of concern to members.

James Sharp, business development director at TEn Insurance Services, claimed that Cobra members were

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