Insurance Times Awards 2017

On December 7th 2017, PremFina attended the 2017 Insurance Times Awards at the InterContinental O2 in London. With over 1100 guests and a special performance by Scottish comedian Kevin Bridges, the insurance industry’s best came out to toast to their peers and celebrate their achievements. We would like to extend another congratulations and round of…

Is Gamification the Next Big Thing?

What is Gamification? Gamification is a process of using ‘gaming’ elements to motivate and engage people in non-gaming contexts. How It Works & Why Is It The Next Big Thing? Gamification, much like playing an actual game, has a positive effect on the human brain. Game mechanics can drive human behaviour due to what is…

Blockchain innovation: the key to financial inclusion

Last week, our CEO Bundeep Singh Rangar has attended a FinTech & InsurTech Digital Congress in Warsaw to talk about the crucial impact that blockchain can have on accelerating financial inclusion – the very mission preached by PremFina. Financial inclusion refers to, not just banking the unbanked, but giving greater access to financial products and…

Christmas Comes Early With IXL PremFina’s Free Software Offer to UK Insurance Brokers

LONDON, November 8, 2017 – PremFina Ltd, the award-winning premium finance solution that makes insurance more affordable by spreading the cost of insurance, today announced that its affiliate software company, IXL PremFina Ltd, will offer insurance brokers its premium finance Software-as-a-Service (SaaS) at zero cost, for a limited time only. Brokers can increase their gross income by…

For Fintech Innovators, The Sky’s The Limit

PremFina CEO, Bundeep Singh Rangar, had the opportunity to speak at the “Innovation in Fintech” panel at the 2017 Rakuten Fintech Conference in Tokyo. Each year, Rakuten invites leaders in the fintech sector from Japan and overseas to share the latest trends and explore the future directions for fintech. “Innovation in fintech is essential to…

Could you increase revenues through premium finance?

An insurtech firm that provides brokers with software that “empowers them” to manage and even fund their premium finance book has raised $36 million (approximately £27 million) of funding, we revealed last week. Insurance Business spoke to PremFina’s founder, Bundeep Singh Rangar, about the company he has dubbed the “Uber of premium finance,” and how it…

UK Insurtech Company PremFina Raises $36m To Make Insurance More Accessible, In An Oversubscribed Round Led By Rakuten Capital And Draper Esprit

UK insurance premium financing and software company PremFina raises $36M in equity and debt The funds will strengthen PremFina’s expansion into new global markets and meet high demand in the UK PremFina is fully regulated by the UK’s Financial Conduct Authority (FCA)   London, UK: PremFina Ltd, a UK-based company that increases access to insurance…

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…