Former Brokerbility CEO plans to buy small brokers

Brokerbility founder Stuart Randall has set up a new company, Ataraxia, to buy smaller brokers with premium income between £2m and £5m.

Randall says his business is “nothing like a consolidator or network” and will allow broker owners to stay on running the business for as long as they want.

Randall stepped down as chief executive of Brokerbility last year following a management buy-out.

Read the full story in this week's issue of Insurance Times, out Thursday, or click here to read it first online.