Close Brothers Premium Finance recruits ex-Complete Cover boss Shaun Hooper as MD
Shaun Hooper has been appointed managing director at Close Brothers Premium Finance succeeding Seán Kemple who is moving to a broader CEO role.
Kemple, who has been in the post since May 2021, will have overall responsibility for motor finance in the UK and premium and motor finance in Ireland.
Hooper, pictured, was formerly group CEO at motor broker Complete Cover.
As previously revealed by Insurance Age, Hooper resigned as a director in July last year with Bob Thaker, the former UK CEO of Hiscox, taking over.
Career
Hooper began his career at Lloyds Bank Insurance in the early 1990s, before joining Axa in 2002 where he was involved in the formation of Bluefin.
He has also spent seven years in the wholesale and re-insurance markets with the CGSC Group during which he was president and CEO of the US wholesale broker Swett & Crawford, leaving them for Complete Cover in 2016.
He begins his UK role immediately reporting to Rebecca McNeil, CEO Retail.
Leadership
McNeil said: “I want to thank Seán 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 1600 broking partners.”
Continuing: “Shaun is a very well-known and respected senior leader, with lengthy experience in senior roles with insurers, wholesale markets and broking, running personal and commercial lines brokerages, and I am thrilled that someone of his calibre and experience has chosen to join our team.”
Reputation
Hooper said: “We have a great reputation among our broking partners, and the power of the bank at our back will underline for our customers the value of longevity, financial solidity and consistency in what is, currently, a volatile market undergoing rapid change.
“During the past year, the premium finance division has built an experienced, knowledgeable senior team. This is a fantastic opportunity for me and I’m looking forward to playing my part in achieving the premium finance division’s long term strategic ambitions.”
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