Network plans to expand signficantly over the next eight years.
Broker Network Holdlings saw pre-tax profits double for the year ended 30 April 2007.
The network said it planned to more than double in size over the next eight years.
Operating profit rose by 147% to £5.15m and profit before tax had raised by 100% at £6.53m.
Turnover increase 86% to £23.26m compared to £12.54m from the same period last year.
Chairman Faisal Rahmatallah said: "We remain at the forefront of an industry full of opportunity and possibility. Others are seeking to recreate the network model, which we take as acknowledgement of our success. We are confident our proposition is unique and market-leading, supported by our excellent relationships with key insurer partners. Despite extremely tough market conditions, our retail division continues to grow and we are extending our presence across the UK."
Rahmatallah said the company has a membership goal of 250 firms by 2010 rising to 500 by 2015.
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