A new broker network, Cobra (Commercial Broking Alliance)has been launched.
Cobra was established by two regional brokers, BKG based in Croydon and Surrey-based Truman Lincoln.
Insurers using Cobra include Allianz Cornhill, AXA, NIG, Norwich Union, Zenith and Zurich.
The aim of Cobra is to bring together around 10-15 brokers with a combined premium income of around £100m.
Cobra chairman Steve Burrows, formerly managing director of BKG, said that a number of new brokers were set to join Cobra in the coming months.
"We're currently in negotiations with around 15 brokers and we would expect five to ten new brokers to join Cobra in the next three months," hesaid.
"We 're aiming for a combined premium income of £250m within two years."
BKG and Truman Lincoln currently have a combined premium income of around £40m.
