Centrepoint gained the backing of the National Australia Bank for its ongoing insurance premium funding operation for at least 12 months. Centrepoint directors said in an announcement to the ASX yesterday that NAB had undertaken to continue to provide funding facilities to the company until at least September 2010, under general commercial banking terms.As part of its ongoing risk minimisation strategy, and with the NAB's support and assistance, CAF will continue to implement a funding diversification program to introduce additional funding sources and reduce reliance on its principal banker.Centrepoint Alliance directors said the Premium Funding operation was able to continue to provide funding to its existing clients and to seek to originate and service new business.Bob Dodd, CEO Insurance Premium Funding, Centrepoint Alliance, said,"We will continue our aim to offer quality service to our customers as we are committed to the insurance industry," he told Insurancenewsaustralia.com."We also thank all those insurance brokers who have shown such patience during our restructure and for the ongoing support we have had." Insurance News Australia