The packager has been undergoing a significant restructure since it was acquired by the Melton Mowbray Building Society, and now will no longer continue to form part of the alliance.
John Rice, RAMP managing director said: “The decision was made amicably and we wish Praxis continued success.”
Praxis’ sales and marketing director, Dudley Aldous, added: “We will be working positively with RAMP for the next few months, while we change over some of our business processes, and will continue to offer our brokers the same fast and effective service as always.”
