Moorhouse launches first start-up broker
Welsh broker Moorhouse is set to launch its first business under Moorhouse Enterprise, a subsidiary set up to support the next generation of broker start-ups.
Subject to regulatory approval Mike Callard will lead Optin as director of the Taunton-based freight and haulage commercial broker as an appointed representative of the Moorhouse Group.
The initial product range will include fleet, transit and property. Moorhouse has facilitated the start up of Optin by providing a suitable software system, infrastructure and compliance support.
A spokesperson for Moorhouse said the shareholding split would break down as follows: Mike Callard 60%; Moorhouse 20% and Lyndon Wood 20%.
Lyndon Wood said: “I really enjoy helping businesses generally so it has been great to see the first Moorhouse Enterprise project get off the ground. There are a lot of people who would like to start up their own business but are put off by the various hurdles to be overcome and the economic climate.
“But this shows that with the right support it can be done, in fact Moorhouse itself was launched in a recession 20 years ago. There are several other prospects in play for Moorhouse Enterprise which aims to help many realise their ambitions.”
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