The firm has also hired a new managing director to succeed Kemple, who has ‘market savviness and deep understanding of the broking environment’, says chief executive

Close Brothers Premium Finance (CBPF) has revealed a shift in its c-suite today (8 February 2023), with managing director Seán Kemple promoted to the role of chief executive of motor for the UK and retail finance for Ireland.

Kemple has served as managing director at the firm since May 2021. His new role will include overall responsibility for motor finance in the UK and premium and motor finance in Ireland.

Succeeding Kemple as managing director is former chief executive of motor broker Complete Cover Group Shaun Hooper.

In Hooper’s new role as managing director, he will be responsible for leading a premium finance team of 400 – headquartered in Wimbledon, South West London.

He will report to CBPF’s chief executive for retail Rebecca McNeil.

Considering Kemple’s promotion, McNeil said: “I want to thank [Kemple] for his exceptional leadership of the premium finance division.

“In the face of challenging market conditions, he has built CBPF into a powerful, focused business with a clear strategy and strong and enduring relationships with our 1,600 broking partners.”

‘Steeped in broking’

“It now makes sense for him to focus his considerable talents on this new role where we have high expectations of further growth in both our premium and motor finance divisions in Ireland and in motor in the UK,” McNeil added.

In terms of Hooper having held numerous senior roles across the insurance industry, McNeil said that she was “thrilled that someone of his calibre and experience has chosen to join our team”.

Prior to joining Complete Cover Group, Hooper served as top boss at MGA and Lloyd’s broker Cooper Gay. He also worked as chief operations officer for Bluefin at Axa Insurance.

McNeil continued: “He is steeped in broking and champions a digital first agenda. I’m confident the market savviness and deep understanding of the broking environment he brings to this role will boost our plans for further growth in the UK premium finance sector.”

Hooper added that he looks forward to “building on the great work” by Kemple and playing his part in helping the firm achieve its “long term strategic ambitions”.