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CBG profits soar

Manchester-based broker Community Broking Group's pre-tax profits rose 117% to £511,000, up from £23...

Manchester-based broker Community Broking Group's pre-tax profits rose 117% to £511,000, up from £235,000 in 2005, in the six months to 30 June. Two acquisitions, Swinbourne James and Spencer Lavey Associates, were completed during the period. Laurie Turnbull, chairman of CBG Group, said: "This has been an exciting period of growth for the company. It highlights our ambitious expansion strategy with the focus firmly on strengthening our range of services. We have established a strong base from

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Broking Success: Tim Forshaw, Tower Insurance Brokers

Fresh from its first deal and with a goal of more than doubling to £100m GWP, Tim Forshaw, CEO and founder of Tower Insurance Brokers, outlines why the business is targeting niche mutuals and the benefits of bringing global broker knowledge to local firms.

MBP takes minority stake in £32m GWP broker

Insurance investment vehicle Minority Broker Partnerships has acquired a minority stake in Caleb Roberts Insurance Services, an independent agricultural and rural insurance broker operating across Mid Wales, Herefordshire and Shropshire.

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