Centrepoint Alliance Premium Funding (CAPF) and IBNA Limited have agreed to entend their long-standing relationship for a further three years.
Bob Dodd, CEO of (CAPF) said: "We are very pleased that our relationship with IBNA and its members continues to grow with a very good increase in participation from the group year on year.
"We brought forward the effective date for the renewal from January 2012 to 1st September 2011 to ensure the yield improvement is passed on. In the spirit of a true joint venture when our operating costs become more favourable it is appropriate to pass these benefits onto our IBNA partner. Other investments going forward will include working with IBNA on any new IT system benefits they wish to produce for their shareholders.”
Gary Gribbin, Chairman of IBNA Limited said: "IBNA has enjoyed a fruitful collaborative relationship with CAPF for a decade now and is delighted to be continuing that association. The joint venture with CAPF was the first agreement of its kind in the market and continues to deliver value to IBNA members and their clients."
Follow us on:
When management liability really comes into its own.
A flexible approach to work and study is a winning strategy for broker Gemma Gould.
Key figures from motor fleet insurance share their views on the big issues currently affecting the sector
Australia’s largest insurance broker cluster group, Steadfast, is proposing a public float. What will it mean to the shareholder
members of the currently unlisted private company? We speak to Chairman and CEO Robert Kelly.
Designed by eroomcreative | Engineered for success by EmpireOne
