£11m GWP added as new members join

AXA-owned Layton Blackham Business Solutions (LBBS) has added 10 new members in a bid to meet its ambitious growth targets.

The 10 brokers, with a combined gross written premium (GWP) of £11m, take the network’s total membership to 60 brokers.

The network, part of AXA subsidiary Venture Preference, also revealed that two of its new members were start-up brokers from the LBBS franchise.

In November, Chris Blackham, the former co-chief executive of Venture Preference, announced ambitious plans to become the leading broker network in the next three years.

He said the network aimed to attract 200 members, with brokers ranging in size between £1m and £5m GWP.

The latest brokers to sign up include: Chesham-based Asprey Harris Insurance Consultants; Barclays Brokers in Splisby; Total Insurance Solutions in Bradford; 1st Financial Group in Taunton; Baslow Insurance in Bakewell; PK Insurance in Croydon; GPS Insurance Brokers in Borehamwood; and Fidelius Insurance Services in Exeter.

David Hopwood, LBBS director, said he was pleased with the number of new start-ups joining the network.

He said: “LBBS has been helping fledgling businesses get off the ground for a number of years now.

“Brokers are watching our members prosper from their relationship with LBBS and start-ups like Prizm Solutions, which was recently awarded Midlands Small Business of the Year, further underlines this.

“Our new flexible approach is really paying dividends.”