New networks launched

Four new broker networks are on the cards, with Broker Direct, Hill House Hammond, the Broker Netwo...

Four new broker networks are on the cards, with Broker Direct, Hill
House Hammond, the Broker Network and two regional brokers all setting up
new broking formations.


Regional brokers BKG Group and Truman Lincoln have launched a commercial
broking alliance for brokers of all sizes. COBRA, as the network will be
known, aims to achieve a consolidated premium income of £100m in 12
months. BKG and Truman Lincoln already earn more than £40m premium income
per annum and have signed up Allianz Cornhill

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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