Marsh Commercial, a UK-based insurance adviser, has announced its plans to combine its three broker networks into a single entity called Marsh Networks.
The move will see the integration of Marsh ProBroker, Bluefin Network and Purple Partnership.
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Marsh Networks will be led by David Hopwood and will provide the members with broader access to services and facilities enabling them to ‘build better businesses’.
Marsh Commercial CEO Anthony Gruppo said: “All three of our existing networks have built great reputations for enabling their members to win and retain more business, strengthen profitability, and expand their operations.
“As we align Marsh Commercial more closely with Marsh, it made sense to bring these three networks together to become the UK’s leading broker network, supporting independent brokers across the UK.”
Hopwood said: “Bringing our network offerings together will make Marsh Networks the UK’s market-leading proposition for brokers, which will include additional support services such as helping members to acquire other businesses and sell their own.
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By GlobalData“In a transitioning market, our members will benefit from the wider range of products and services they can offer their clients.”
Marsh Commercial is a unit of Marsh, which operates as a global insurance broker and risk adviser.
With around 35,000 staff, Marsh caters to commercial and individual clients.
Recently, its subsidiary Marsh & McLennan Agency (MMA) acquired Atlanta -based Ironwood Insurance Services.
