Spanish-owned household insurer Ocaso has added 16 new agencies to its network of around 500 UK brokers in March.

The London-based insurer which mainly underwrites household buildings and contents insurance in the UK had a premium income of £5m last year.

Graham Kitteridge, general manager of Ocaso's London office, said it is enjoying rapid expansion because it offers brokers a fast and efficient service.

He said: "We pride ourselves on the quality service we give to brokers since service standards are one of the top priorities for our intermediary partners."