PNG reveals expansion plans

The network plans to overhaul its AR proposition, more than doubling it from the current 23 firms to 60 by mid-2008.

This is designed to help it achieve its target of becoming one of the top five networks by the beginning of next year.

"From the soundings we are taking in the marketplace, we know that many AR firms are disillusioned with their current Principal and are looking for a more personalised service from a network that has their best interests at heart," said Karen Butt, head of group sales at PNG.

PNG's ARs can access an extensive panel of lenders, competitive and prompt procuration fees and commissions and Trigold sourcing software, alongside varied panels of life and general insurance providers.

ARs are chagred a flat fee per month regardless of the volume of business conducted.

Butt continued: “We are also able to ensure that every single firm under the PNG network banner is looked after and work tirelessly with the management to ensure they reach their true business potential."