Everything has its price. Except, it would seem, The Broker Network. Backchat hears that earlier this year The Broker Network's venture capital backer, Capricorn Ventures International, knocked back a bid in excess of £9m for the network - a staggering 36 times its operating profit of £250,000 for 2002.

The bid was made by none other than network rival Folgate. After turning down such a large pot of money, Backchat wonders what the future plans for The Broker Network are.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics