The current network arena is unsustainable, according to Alec Finch

Alec Finch, Purple Partnership

Purple Partnership chairman and broker founder Alec Finch has predicted that networks will be forced to consolidate in years to come.

Finch, who joined the board of Jelf’s broker network Purple last year, said in an exclusive interview with Insurance Times that the large number of network offerings in the broker market is “not sustainable”.

“There’s a limited constituency of potential network members. At some point, it will reach saturation and the networks will begin to eat themselves,” he said.

Click here to read the full interview with Alec Finch.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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