Cobra to double membership

The independent commercial broking alliance Cobra plans to double its membership by the end of 2003 by adding 30 new members to its current total of 26. The alliance, established in June this year, claimed the current 26 broker members represented more than £100m in gross written premiums and that it expected this figure to rise in line with the growth in membership.

Steve Burrows, Cobra's chairman, said: "Clearly, brokers recognise the importance of maintaining their independence while taking