Markerstudy Retail and Close Brothers Premium Finance announce new premium finance deal

Markerstudy Retail, part of Markerstudy Group, has announced its new partnership with Close Brothers Premium Finance (CBPF).

CBPF will provide insurance premium finance to Markerstudy Retail when their existing premium finance contract ends.

The new long-term deal will see CBPF help Markerstudy Retail customers spread the cost of insurance through premium finance.

In October 2017, Markerstudy merged its retail and affinity businesses.

Ross Barrington, managing director of Markerstudy Retail and Affinity said: “As a group, we have a historic relationship with Close Brothers and are very happy to have reached an arrangement with them, which will ultimately benefit our customers.

”We have ambitious plans for growth and this partnership will help facilitate our long-term goals.”

Sharon Bishop, chief executive of CBPF, said: “We’re really pleased to have been appointed by Markerstudy Retail and to be able to support them as they expand their current market position.”