Our premium finance products
A range of products to make insurance more affordable for your customers by allowing them to spread the cost of their insurance over regular payments.
Good sense for your personal lines customers – and you
We make premium finance a streamlined online experience for your customers – from electronically signing their credit agreement to amending payment dates and settling arrears. And we don't charge fees for processing amendments of any sort – keeping everything as hassle-free as possible.
For you, key premium finance benefits include:
- Our personal lines and small commercial premium finance is offered on both a recourse and non-recourse basis – allowing you to be fully flexible.
- Agreements are authorised quickly – as soon as AML checks are complete.
- Premium finance can provide an additional revenue stream – thanks to you being able to earn commission.
Good business for your commercial lines customers – and you
We offer premium finance at a fixed interest charge, meaning your customers can budget for the cost of their insurance easily – and for the entire period of the policy. For most businesses, the finance can also increase the health of a business’s balance sheet through being classified as off-balance sheet financing (OBS).
For you, key premium finance benefits include:
- It’s offered on a non-recourse basis to eliminate your risk and eliminate the need to chase customer payments.
- It’s fully flexible – and we can offer you a tailored self-approval limit, too.
- Premium finance can provide an additional revenue stream – thanks to you being able to earn commission.
The widest range on the market – and more
Flexible product range
We are unique in offering flexible product solutions – including both recourse and non-recourse bordereau products – to allow you to match the needs of your customers as well as your business.
Fixed fees
We use a fixed fee structure to keep things simple and transparent for you and your customers. We also fix our net rate to you.
Instant authorisation
Our able online system i-prompt, partners with TeleSign to help ensure that proposals are authorised quickly (subject to satisfactory Credit Reference Agency and Anti Money Laundering checks). And we have the highest self-approval limits in the industry.