INSHUR partners with Premium Credit
INSHUR, a specialty embedded insurance company for taxi, private hire, food and parcel delivery drivers has chosen Premium Credit as its insurance premium finance partner in the UK to deliver a more well-rounded solution that benefits its drivers.
As a digital first insurance company, INSHUR’s technology allows customers to complete a quote, buy and renew policies online without the need for paperwork or long waiting times on the phone. Quotes and purchases can be fully completed online in minutes, enabling customers to be on the road almost immediately.
By partnering with Premium Credit through a 24/7 integration to their payment portal, INSHUR’s customers are offered a premium finance payment option compliantly every time. This digital solution enables customers to spread the cost of the cover seamlessly. Having made significant investment in market-leading technology, Premium Credit was able to provide INSUHR with an end-to-end integration, delivering a smooth, efficient customer and partner journey.
Milan Chavda, Head of Pricing, INSHUR said: “We are delighted to have partnered with Premium Credit. As a like-minded, digitally-led business, we understand each other and the importance of being able to deliver a best in class, tech-forward insurance offering.”
Mr Chavda added “We now have a partner with the technology and the team for us to develop a long-term strategy of mutual growth. Premium Credit’s ability to support our future digital roadmap was key to us choosing them as our insurance premium finance supplier.”
Owen Thomas, Chief Sales Officer, Premium Credit added: “We are extremely pleased to welcome INSHUR as a partner and we see a strong cultural alignment between our organisations. They are a respected innovator in the insurance industry and continue to revolutionise the sector with their digitally led offering. Having INSHUR as a partner further confirms the unique value our digitally led payments platform provides.”
Authored by Premium Credit
About Premium Credit
We are the leading provider of premium finance in the UK and Ireland, and the only company endorsed by BIBA.
We are authorised and regulated by the Financial Conduct Authority, and work with over 3,000 producers of all sizes. We serve over 2.1 million customers, process 24 million direct debits and receive advances of £3.5 billion.
For over 30 years, we’ve led the market through thought leadership, innovation and technology and have helped our partners offer finance compliantly to their customers through face-to-face, telephony and online channels.
We continue to invest to ensure we provide a quality service and support that helps you grow your business and commission. From the delivery of a seamless customer journey, which includes real time decisioning for financing and 24/7 account servicing, to consultation that improves the offer of finance to customers, we are committed to growing the premium finance market.
Our Specialist Lending division also provides finance to pay other annual costs, such as professional fees, membership subscriptions, commercial service charges, golf clubs and school fees.