Budget Insurance Services has added Co-operative Insurance Society (CIS) to its motor insurance panel.

Budget is the second panel CIS has joined, following a decision to extend its distribution channels.

As part of the relationship, Budget said it planned to extend its partnership with CIS into additional product lines later in 2004.

“We are delighted that CIS has chosen to work with Budget,” said Budget product development director Simon Jackson.

“CIS is a highly reputable insurer and this partnership will further strengthen our proposition. We expect CIS to be a significant player on our panel.”