Layton Blackham Business Solutions (LBBS) has signed up its twelfth broker and announced plans to double its membership in 2005.
Reading-based Cassey Miller James went live with LBBS at the end of December.
The new member will boost the broker partnership's gross written premium to £27m at the end of 2004, its first year of operations, according to the company.
Layton Blackham technical director Dave Hopwood said the group was targeting £50m gross written premium for the partnership by the end of 2005. It plans to recruit 12 further brokers during the year.
LBBS is expected to report a "notional profit" at the end of its first year, with projected profit of 12.5% of its income at the end of 2005.