James Hallam signs exclusive 3-year deal with Premium Credit
Leading independent broker consolidates book
Premium Credit has been selected by leading independent insurance broker James Hallam to become the main provider of insurance premium finance to its clients for the next 3 years.
Having previously offered finance from a combination of providers, the broker sought to create a single clearly understandable journey for both staff and clients and benefit from improved financials.
David Allori, Director James Hallam Limited, said: “Premium finance is an important part of our offering to clients. To be more efficient it made sense for us to consolidate our facility with the market leading provider. Simplicity and support are key attributes we look for in our partners and Premium Credit’s plans for further Acturis integration and in-branch training for our staff set them apart.
In addition, with over 200 staff spread across 8 regional branches, the additional benefits of having one team to engage with, one system to use and a single financial reconciliation are significant.”
Owen Thomas, Premium Credit’s Chief Sales Officer added, “Customer experience continues to become an increasingly important part of the commercial offering for all our partners. We expect this type of consolidation; and the significant benefits it brings, to become ever more commonplace. We’re delighted to expand our engagement, further strengthen our relationship with James Hallam and be a part of their future growth ambitions.”
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.