Administration period set to go on until 12 July 2020, as investigation into company director, Graeme Kalbraier continues.
Close Brothers Premium Finance CEO Sharon Bishop explains how suppliers can invest to help personal lines brokers thrive in a 24/7 world.
Close Brothers Premium Finance CEO Sharon Bishop discusses the results of its recent broker survey in part one of our Q&A series.
Close Brothers are set to lose millions from the broker dissolving.
Following Tara Waite's appointment as CEO, Owen Thomas and Jon Howells join the company from RSA and Close Brothers respectively.
Customers were urged to use emails during the issue.
Close Brothers to end non-recourse policies for Danish insurer’s product.
Premium finance provider will still issue recourse policies for the insurer.
Move seen as first step in Ardonagh “monetisation” strategy.
Premium finance firms tell brokers they are ready for the changes.
Biba calls for level playing field with direct insurers.
Ipswich-based broker fell into administration in July 2017.
Close Brothers to provide premium finance services to the broker.
Premium finance firm says working in partnership has delivered better outcomes for customers.
Deal expected to start at £60m annually but comes with room for growth.
Broker owes secured creditor Lloyds Bank approximately £1.8m, while claims from unsecured creditors total £1.9m.
Administrators' report reveals broker owes millions and has insufficient funds to pay out.