SPB finalises share arrangement
White label insurance specialist Citymain has concluded the sale and purchase of part of its shareholding to the SPB Group, an administrator and provider of affinity insurance programmes to the French banking and finance, IT and mobile sectors.
Citymain was founded in 1986 as an early provider of mobile phone insurance in which it has dominated the UK market for the past 10 years under the management and ownership of Paul Kelsey together
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