A new London-based broker, Q360, has been launched with Tawa providing the capital backing.
Q360 Ltd will initially operate within the business sectors of onshore energy, property, binding authorities, professional indemnity and non-recourse finance construction.
The new wholesale firm will be led by David Merry as CEO. In addition to Merry, the founders include Graham Kilby and Richard J. Burggraf Jr.
The company said its operational platform will concentrate on using technology and web-based products for efficient binding authority.
Tawa’s subsidiary, Pro, has been retained to provide Q360′s post-placement services.
Sources: Q360, Tawa