Ryan Direct Group (RDG) has extended its contract with Close Brothers Premium Finance for a further three years.
Under the deal Close Brothers will continue to be the exclusive premium finance provider for RDG’s SME and motor books.
RDG chief executive Derek Coles said the agreement would also enable the group to broaden its finance offer to other parts of the group for the first time.
Coles said: “We are delighted to continue partnering Close Brothers, a market leading insurance provider, which underscores the importance RDG attaches to long term, sustainable relationships in our consumer facing brands Simple (property) and OYD (young drivers) and in broking via Fortress (property).”
Close Brothers chief executive Sharon Bishop said: “We look forward to helping RDG deliver the best possible finance solutions for their customers as we help make insurance more affordable.”