Who we are
With over 40 years' experience in the industry, we're the pioneering provider of premium finance.
Premium finance provider of choice
We work with over 1,600 brokers across their 2,000+ offices to help 3 million businesses and customers across the UK and Ireland spread the cost of their insurance policy. As the pioneering providers of premium finance, we have been making it easier for our customers to manage their money for over 40 years.
Putting customers first
- UK-based call centre
- Commitment to customer-focused service
- Industry-leading staff training
Working in partnership with brokers
- Expert support and service from dedicated staff
- Technology-led solutions that really work
Some of our key people
- Ciaran McAreavey, CEO of Close Brothers Premium DAC
- Rebecca McNeil, CEO Retail
- Mark Morley, Director of Close Brothers Premium DAC
- Brian Cosgrove, Director of Close Brothers Premium DAC
- Gillian Kelly, Finance Director of Close Brothers Premium DAC
Ciaran McAreavey, CEO of Close Brothers Premium DAC
Ciaran was appointed as a Director of Close Brothers Premium DAC 2019. In addition Ciaran joined Close Brothers in 2015 and is a Chartered Accountant with over 25 years’ experience in corporate finance, banking and financial services. He is currently the Managing Director of Close Brothers Commercial Finance and chairs the Executive Committees for the businesses which operate in Ireland. Ciaran has held a number of senior leadership roles in the banking sector in the UK and Ireland where he led origination and relationship management teams in the areas of corporate banking, M&A, project finance and property finance. Ciaran also volunteers as a Non Executive Director on the board of a charity which focuses on developing and providing social and affordable housing in Ireland.
Rebecca McNeil, CEO Retail
Prior to joining Close Brothers in 2018, Rebecca held a number of senior finance roles at Barclays Bank, including COO, Business Banking for Barclays UK. She joined Barclays Corporate Banking in 2014 after five years at GE Money, where she held roles in recoveries and partnerships. She began her financial services career in 2001 as a graduate trainee at American Express.
Mark Morley, Director of Close Brothers Premium DAC
Mark was appointed as a Director of Close Brothers Premium DAC 2019. In addition Mark is the Chief Operating Officer of Close Brothers Premium Finance. Prior to this, his working career has mainly been in insurance broking, both personal lines and commercial. Mark has worked for three different insurance brokers of different sizes in a variety of roles from sales to managing call centres, the last broker he worked for was Swinton where he ran the premium finance book of business, which included full profit and loss responsibility as well as being responsible for the operational teams and associated processes. Mark was also a member of the leadership team overseeing the day to day running of the Swinton business. Mark has a great understanding of the needs of brokers whilst also knowing the core journeys for Close Brothers Premium Finance.
Brian Cosgrove, Director of Close Brothers Premium DAC
Brian was appointed as a Director of Close Brothers Premium DAC 2019. Brian joined Close Brothers in June 2018 as Ireland Sales Manager. Prior to this his 17 year career in the industry had seen him work for some of the largest insurers and brokers operating in the Republic of Ireland. Beginning his career with Aviva in a variety of roles such as commercial underwriting to broker management he joined Liberty Insurance as a Regional Sales Manager which involved managing and servicing a portfolio of some of the largest insurance brokers in the region. Brian then moved to broking with Campion Insurance and then Munstergroup Insurance in business development roles. It was in these roles that he implemented strong relationships within the business community in Ireland as well as their representative bodies to establish a strong basis for new business opportunities. Having served in both the insurer and broking market Brian is uniquely qualified to understand the needs of our brokers and their clients as well as the ever changing finance landscape in Ireland.
Gillian Kelly, Finance Director of Close Brothers Premium DAC
Gillian was appointed as the Finance Director of Close Brothers Premium DAC 2019. In addition Gillian is the Finance Director of Close Brothers Premium Finance having joined the business in 2015.
Her key priority in this role is working with brokers to provide pricing structures which fit the needs of their customers and support their business model. Gillian is also responsible for reporting the results for the business and supervising the finance function to manage the financial risks. Prior to joining Close Brothers, Gillian qualified as a chartered accountant at PwC and then transferred to Industry as Head of Finance EMEA for Aberdeen Asset Management, where she worked for three years until her move from Scotland to London.
Part of Close Brothers
We're part of Close Brothers, a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. Close Brothers is one of the largest 250 companies listed on the London Stock Exchange. This means we have the financial stability to offer our customers the best products, and we share their traditional merchant banking values based on service and integrity.