Bankhall, support services provider to the IFA and mortgage broking sectors, has acquired GI broker support firm Total Broker Solutions (TBS).
The company said the acquisition is part of a bid to enter the UK general insurance market, with the launch of Bankhall UK GI planned for May 2005.
Bankhall UK GI will offer compliance, technical and software support, and sales and marketing support, the company said.
The general insurance section will be headed by former TBS and Biba chief executive Mike Williams.
Williams said: “We are entering a new era for general insurance broking and I am delighted to be a part of it through Bankhall.
“I firmly believe that the Bankhall concept brings a new attitude and new opportunities for members to grow their business and at the same time benefit from a range of support services.”