New Premium Credit CEO vows to be on the "front foot"

Three shrubs in a row each larger than the other

It was today announced that Premium Credit has been acquired by US private equity firm GTCR from Bank of America affiliate MBNA Europe in a £900m agreement.

The provider already provides premium finance to some 4,000 intermediaries, among them broker giants such as Willis, Aon and Towergate.

And Mr Doman - who assumes his new role today - expects brokers to benefit from the Premium Credit's entrepreneurial parent company.

Speaking to Insurance Age, he said: "Moving from a corporate ownership to

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