Q360, a new London-based broking operation was launched in partnership with Tawa offering the capital backing.
The new organization will initially operate in onshore energy, property, binding authorities, professional indemnity and non-recourse finance construction business sectors.
Q360 will be led by David Merry as CEO in addition to other founders Graham Kilby and Richard Burggraf Jr
Tawa’s subsidiary, Pro, has been retained to provide Q360’s post-placement offerings.
Q360 CEO David Merry said the company has been created by combining the best technology with exceptional broking talent.
"The wholesale broking sector has a number of systemic issues that many companies are failing to address or do not have the vision or capital to address," Merry said.
"Our aim is to innovate and capitalise in the challenging and exciting environment facing our sector."
Tawa COO David Vaughan said the combination gives markets efficient distribution and provides clients with access to broking talent free from external and internal distractions.