New products will kickstart BNU growth, says Fairchild

Andy Fairchild is CEO of Broker Network

Broker Network Underwriting aims to exceed £15m GWP at the end of the year.

Mike Ellis, managing director of Broker Network Underwriting (BNU), has confirmed that the managing general agent (MGA) has "big ambitions to grow", following the launch of eight new products.

Meanwhile Andy Fairchild, Towergate-owned Broker Network's CEO, told Insurance Age that he considered the MGA to be a "considerable force within the UK MGA landscape".

Fairchild said: "I think the exclusivity of these new products will kickstart a strong growth mode for BNU."

Identity
Last year BNU had a

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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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