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Close Brothers Premium Finance (CBPF), the UK’s longest-established provider of premium finance, and Be Wiser, one of the best-known personal lines brokers in the UK, have announced the signing of a new long-term deal.
For over 10 years, CBPF has been the exclusive provider of insurance premium finance for the customers of Be Wiser, and this deal will see Be Wiser’s customers’ premiums financed into the 2020s.
Be Wiser Chairman Mark Bower-Dyke commented: "In this world of Brexit, new regulation and market instability it is reassuring to know we are partnered by, in our view, the largest and best finance provider.
“Close Brothers Premium Finance are always ahead of the curve with their ongoing innovations, their ability to see the bigger picture and the way they keep our customers’ wellbeing at the centre of their processes. We look forward to working with them over the coming years."
Sharon Bishop, CEO of CBPF, said: “Be Wiser is one of the best-known brokers in the UK insurance landscape, and Mark is one of the leading names in the industry. We are proud to be working with him and his team, and look forward to continuing this relationship.”
About Close Brothers Premium Finance
CBPF works with over 2,000 brokers, helping more than 2.5 million businesses and customers across the UK and Ireland spread the cost of their insurance premiums.
A pioneer in the field of premium finance, in 1977 CBPF was the first company to offer finance for insurance premiums. More than 40 years on we continue to deliver award-winning support through our strategic drivers of service, expertise and relationships.
Be Wiser Insurance is an independent insurance broker regulated and authorised by the FCA, and offers car, motorcycle, van and home insurance across the UK. With over 30 insurance companies on their panel and over 150,000 customers, they are one of the best-known personal lines brokers in the UK.
Be Wiser has been listed in the Sunday Times Fast Track 100 for three years in succession – something which only a handful of companies have achieved.
With over 600 members of staff based at Be Wiser’s offices in Andover, Hampshire, the company has been recognised as a leading employer, being former winners of the Inspire Business Awards Employer of the Year award.