Insurance products and compliance support group the GRID Network has appointed Budget Insurance Services to handle the administration of its motor, home and other related insurance products.
GRID Network says that Budget's appointment is part of its strategy for growth.
The GRID Network was launched earlier this year to provide umbrella compliance and insurance product services to intermediaries in the insurance, financial services and professional sectors, and to affinity groups.
GRID Network chairman James Truscott said: "With the GRID Network on target to achieve our aim of managing a membership customer base in excess of 500,000 in the first year, it was essential for us to secure a partnership with an organisation capable of delivering a first rate sales and administration service."
Budget group chief executive Peter Winslow said the company was pleased to play a part in helping the GRID Network deliver a high quality service to its membership.