Willis Networks has announced a strategic alliance with Broker Direct’s OurNetwork.
Under the alliance, the two networks will allow their respective members access to the others’ services and facilities. The arrangement is effective immediately.
Broker Direct will offer Willis Networks members access to Broker Direct’s personal lines and niche services.
The 280 members of OurNetwork, Broker Direct’s network, will have the opportunity to tap into exclusive services and commercial products offered by Willis N², the broker’s network for smaller independent brokers.
Currently, the broker owned-underwriting agency Broker Direct trades over £110m of personal lines products, while the 111 members that make up Willis Network place over £400m of commercial lines premium.
Broker Direct chief executive Terry Stanley said: “Since forming OurNetwork, we have continually looked at ways in which to extend the offering to members. This arrangement gives us access to the impressive range of tried and tested products and services which Willis Networks members have enjoyed for some time. It is hard to think of a better way to give our brokers such an immediate competitive advantage.”
Willis Networks managing director Sara Fardon said: “Working together, our individual network strengths will be greatly enhanced, and through this alliance we can offer all our members access to stronger business support and exposure to a much wider product portfolio, which we plan to expand by jointly developing new solutions.”
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