Total Broker Solutions (TBS), the new Bob Beckett-backed broker network, has not ruled out acting as a principal agent.

TBS chief executive Mike Williams, who took up his new post this week, said that while "TBS is very unlikely to go down that route", it would consider having appointed representatives (ARs) if there were demand from suitable brokers. "It is dangerous never to say never," Williams said.

But he added that there did not seem to be a "huge appetite" for the AR regime among insurers, brokers or networks.

Meanwhile, TBS has announced the dates for a series of roadshows, which will begin in Birmingham on 29 September.

They will go to Leeds on 30 September, Manchester on 1 October, Bristol on 6 October, Reading on 10 October and Stirling on 13 October. Two roadshows will be held near London, one in Bishop's Stortford on 8 October and the other in Croydon on 9 October.

Williams said the response to the roadshows had been excellent, with "hundreds" of brokers signing up to attend. "I would be very surprised if we had less than 500 broking firms turn up at the roadshows," he said.