The Worldwide Broker Network (WBN) has established an alliance with the US-based Council of Insurance Agents and Brokers.

The WBN is the largest organisation of its kind in the world with member firms represented on each continent.

The two-year operating agreement with the Council of Insurance Agents and Brokers has been set up to give WBN access to a professional management body.

Alec Finch, of Manchester-based Alec Finch & Co, is a founding member of the WBN.

He said the council would help to manage the "increasingly complex" functions of the WBN.

"It is a mutually beneficial partnership," he said. "We will be able to use the council's management professionals and they will be able to extend to new members beyond Marsh and Aon."