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TBIG broker aims to become ‘South West powerhouse’ after latest buy

Amanda Nethercott
Amanda Nethercott, Mark Richard Insurance

Mark Richard Insurance, part of The Broker Investment Group, has acquired a 75% stake in Portal Broking Group.

Based in Tarporley, Cheshire, Portal Broking Group is a £2m gross written premium commercial insurance specialist.

The business will continue to be led by managing director Jason Munnelly, with the full team of three remaining in place. In a statement, Portal said it was looking to pursue “ambitious growth plans” with the support of Mark Richard and TBIG.

Mark Richard operates from three offices across Bristol and Weston-super-Mare with £12.5m GWP. The acquisition increases this, supporting the

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Biba pitches industry wide fair value assessment templates

The British Insurance Brokers’ Association has targeted further regulatory rule simplification in its 2026 Manifesto, as it urged industry wide support of developing a fair value assessment template, and called on the government to deliver a new Financial Services Bill.

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