Underwriting agency adds broker development managers

Policyfast, the online wholesale broking operation based in Huntingdon, has recruited two new broker development managers.

Terry Key joins from Equity Insurance Group along with Steve Barnett, who has also joined from Equity. They will visit brokers in the north and south.

The appointments follow a record month for Policyfast, which reported gross written premiums rising to £1.55m (2008: £1m) in March.

Kim Ellis, head of broker development at Policyfast, said: “We are absolutely delighted to have Terry and Steve on board to help us grow our business. Our strategy is an old fashioned one. We believe that people still like to deal with people and in Terry and Steve we have recruited two of the most well known broker development men in the business.

"There can’t be many established brokers in the country who haven’t heard of at least one of them and their knowledge will be invaluable to our brokers who we hope will use their expertise to help them grow their businesses whilst helping us to grow ourselves."

BSS 2024/25