Broker gives update on Willis N² after first six months.
Willis has announced that ten members have joined Willis N², its new partnership with independent, community insurance brokers in the UK, since the network was launched six months ago.
Willis N² represents community brokers who control between £1 million and £2.5 million in annual premium. Willis also operates the larger Willis Commercial Network, which is made up of brokers placing annual premiums of between £4 million and £8 million. The Willis Commercial Network currently has 79 member brokers.
Since its launch in April, Willis said the following members have joined Willis N²:
- Aspey Lawrence & Co Ltd.
- Castle Insurance Services
- Crompton Bailey Ltd.
- David J Killen & Co (Insurance Services) Ltd.
- Grampian Insurance Services Ltd.
- Jeston Insurance Brokers Ltd.
- John Hunter - Paterson Chartered Insurance Brokers
- Renshaw Williams & Co Ltd.
- 3 Sixty Insure Ltd.
- Whitman Gowdridge Insurance Brokers Ltd.
Willis said members of Willis N2 will be able to access the major insurers who work with the Willis Network. In addition, they will receive compliance and marketing support, together with managerial, technical and sales training.
Mark Radburn, managing director, Willis Networks, said, “Willis N² has attracted strong interest from start-up brokers and established brokers who value their independence and do not wish to be drawn into a consolidator. Willis N² allows these brokers to compete effectively with consolidators and enhance their commissions, while still retaining their community relationships.”