PremFina Snaps Ex BNP Paribas’s Mia Constable (née Bristow)

LONDON, July 3, 2017 – PremFina Ltd, the only insurance premium finance company to offer a proprietary Software as a Service (SaaS) solution to insurance brokers and underwriters in the U.K., has today announced Mia Constable (née Bristow) as its new Head of Sales. Mia is the former head of BNP Paribas personal finance’s insurance…

Innovation in Insurance: The Coming Wave of Disruptive Insurtech

In a report for The Times, PremFina outlines how embracing change, adopting new technological advancements and catering to customers actual needs, are key if insurance providers wants to remain competitive and relevant within the insurance industry. “With the cost of insurance rising, alternatives to the current system are in much demand.” We have selected some of…

PremFina Wins Prestigious 2017 Bully Award

PremFina, a U.K. based insurtech company, honoured as a leading new European TMT company at White Bull Summits BARCELONA and LONDON – 14 June 2017 – PremFina Ltd, a U.K. based insurtech company, was announced as a winner of the 2017 Bully Awards at the White Bull Summits’ seventh annual Pathways event, Europe’s exclusive event…

Insurance Times Expert View: Maximising profit by financing loans

Mark Foley, Managing Director at PremFina, on maximising profit by financing your own loans.  Many insurance brokers generate a significant amount of cash every year. And many among them search for ways to deploy their cash toward profitable activities. The options available for brokers to invest their money are fairly limited. They can either put…

Draper Esprit Event 007 Style

It was not your average day at the office for PremFina’s CEO Bundeep Singh Rangar on the 24th of May when he got invited to one of Draper Esprit’s Events. Draper Esprit is one of the largest and most active VCs in Europe, with a mission to back Europe’s most ambitious entrepreneurs. Turns out, they also…

BIBA 2017 Conference & Exhibition

The BIBA 2017 Conference & Exhibition in Manchester was a resounding success for PremFina. We saw many familiar faces and got the opportunity to meet many new ones too. If you did not get the chance to come by our stand, do not hesitate to get in touch. We look forward to seeing everyone next…

Maximize revenue from existing client base

-It can cost up to 30 times more to win a new client than it does to retain one, meaning brokers should look at their existing client bases to see how they could add value to them  -Premium finance helps the broker’s clients manage their cashflow without encumbering any of the client’s assets or using…

How to take full control of your client relationships and maximize your profit

How insurance brokers can generate more revenue with PremFina’s premium finance solution Insurance industry is getting tougher with increasing regulation, low interest rates and fast technological changes. The above challenges make it increasingly difficult for insurance brokers to increase their profit without significantly altering the risk profile of their business. We help brokers with their…

Premium Finance the Uber Way

The arranging of premium finance can add 5% in revenue for insurance brokers. It’s icing on top of the cake for brokers selling insurance policies. Despite this, less than half the £13.2 billion in UK insurance sold via brokers is premium financed via monthly payment plans. When measured against the total £28 billion general insurance…

Broker Advice: Why You Should Care About Social Selling

The substantial growth in Social Media and the increase in the number of users who interact online have warranted many companies to integrate social practices into their core business. Companies are making the shift into the social space so that they can consciously listen to customer messages and facilitate the whole buying process. But with…

Broker Advice: How to Make Marketing Trends Work for You

We know how busy you are. Let us save you all the research on the latest marketing trends with this all-in-one guide outlining the biggest upcoming marketing trends, along with some tips on how to make them work for you. Click here to download your free copy of the guide. If there is anything in…

We Received FCA Regulatory Approval

London, UK, October 28, 2016 – PremFina Limited, premium finance company offering flexible funding solution for insurance brokers, is pleased to announce that the UK’s Financial Conduct Authority (FCA) has officially approved PremFina as a fully authorised premium finance company in the UK. The admission on Oct. 26 marks another significant milestone for PremFina, allowing…