Broker Network Holdings is to target the South East and North West for new network members and acquisitions.

Grant Ellis, chief executive of Broker Network Holdings, said these were areas where the group currently did not currently have much presence.

Ellis said the group was geared to servicing smaller SME clients and as such was looking for brokers that had these customers on their books.

Both the North West and the South East have a high concentration of brokers servicing smaller clients.

Earlier this month, Broker Network made its seventeenth acquisition with the purchase of the general insurance arm of Manchester IFA, Ian Frazer Insurance Brokers.