Close Brothers Premium Finance (CBPF) has signed a five-year deal with Romero Insurance Brokers to provide finance facilities to Romero’s customers.
CBPF CEO Sharon Bishop said: “I am delighted that we’ve agreed to continue to work alongside Simon Mabb and his team to provide premium financing to Romero’s customers”.
CBPF will provide premium finance to large commercial clients, SMEs and leisure industry schemes, for both Romero Insurance Brokers and Club Insure, within the Romero group of companies. Club Insure is one of the UK’s leading scheme providers for sports and social clubs, bars and nightclubs.
Sharon continued saying: “Romero is one of the largest independent regional commercial insurance brokers in the UK and further builds on our strong market presence in the North of England.”
Romero managing director Simon Mabb said: “We very much welcome this new agreement with CBPF, and our commitment to a new five-year relationship is testament to the strength of our existing partnership.”
He continued saying: “A five-year deal takes our relationship well beyond transactional to a genuine strategic partnership, which is a key aim for us because it enables us together to develop new products and services that deliver substantial benefits to Romero’s clients.”
The contract is effective immediately.
Source: Company Press Release