Bravo Networks has launched Bravo Ventures which is a proposition designed to support new brokers to enter the market and create a sustainable business. It will offer practical guidance on securing authorisation from the Financial Conduct Authority as well as providing access to insurer agencies.

Bravo Ventures will also offer support in areas including compliance, client money, HR, marketing and training support.

Karen Jackman, managing director of Bravo Networks, said: “The broking industry relies on a steady flow of new, independent businesses. Right now, those businesses are struggling to get off the ground because the process can be daunting and the information required deemed complex.

“Bravo Ventures is designed to change that and through its dedicated team, it will help guide start-ups through authorisation, helping them get operational, and giving them access to insurer agencies from day one.”