Nick Houghton appointed MD at Leeds-based Broker Network member

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JM Glendinning has confirmed the appointment of Nick Houghton as managing director.

Mr Houghton's decision to step down from his role as managing director at Broker Network in order to make a return to broking was revealed last week.

He replaces Paul Glendinning at the Leeds-based broker, which has been a member of Broker Network since 2003.

Mr Glendinning said: “In the search for a leader for our business, Nick was absolutely our first choice. The breadth and depth of his understanding and experience of regional broking is hard to match.

“This coupled with his infectious

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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