The independent insurance broker — which is owned and managed by a team with over 25 years’ experience — will specialise in commercial sectors, such as property, construction, motor trade, manufacturing, IT and technology, and professional services.

Martin Castleton, managing director at Aureum Insurance Brokers, said the founders launched the business to give clients back the choice of how they are looked after by their broker.

“Having seen and worked through the huge mergers and acquisitions in the insurance broker market, clients have been moved around from office to office based on their premium spend, location, or complexity, with the broker making the decision how they are serviced and where from,” he commented.

•   Octane and Aureum Finance close £1.1m development exit deal
•   Aureum Finance secures £5m property investment loan from STB
•   What makes a great BDM?

“Clients have been left with little choice of who they deal with or how they are serviced.

“We are able to maintain personal service that is right for the client, regardless of premium spend or geographical location.

“The added benefit of being independent is while we work with the UK’s leading insurers, we are not dictated to place our client’s business where it suits our investors or senior leaders.”

Dean Brown, director at Aureum Insurance Brokers and managing director at Aureum Finance, added: “Aureum Finance has been advising clients on their finance needs for the past six years, and having Aureum Insurance Brokers as part of our family gives our clients a wider service proposition and allows us to be an integral part of our client’s business needs.”