Premium Credit partners with Broker Insights
Premium Credit has signed a multi-year agreement with Broker Insights, a leading provider of data analytics and market insights, to enhance its 100% insurance premium finance offering to broker partners' customers.
Using Broker Insights' cutting-edge VisionTM technology will give Premium Credit enriched oversight and access to the commercial insurance market helping maximise uptake of its multi-award winning, premium finance offering.
Owen Thomas, Chief Sales Officer, Premium Credit comments: “We are delighted to enhance our proposition by partnering with Broker Insights and deliver on our purpose to support our community of customers and partners in creating opportunities through convenient payments.”
Mr Thomas adds: “This collaboration and the data and insight created will help us position premium finance as a funding option 100% of the time, to 100% of our partners’ customers. We are excited to be working with the Broker Insights team.”
Fraser Edmond, Chief Executive Officer, Broker Insights said: “We are very pleased to be supporting Premium Credit. As like-minded, data-led businesses, we understand the importance of being able to deliver a best-in-class, data solution. In this case, the solution links the data held by Broker Insights with Premium Credit’s premium finance payment facility, enabling brokers to offer their customers optimum payment options in a frictionless way.”
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.