Bexhill UK launches peer to peer lending platform
Orchard Lending Club focuses on the insurance premium finance market and matches brokers with people who want to lend money.
Bexhill UK has launched a peer to peer lending platform specialising in the insurance premium finance market and the insurance broker working capital financing market.
The company said the Orchard Lending Club matches people who want to lend money with brokers that want to finance their clients' insurance premiums or that require working capital finance.
It added that the platform administers the funds and collects payments from borrowers and that it offers brokers access to an additional line
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Technology
Insurers and MGAs line up to support brokers amid Applied Epic exit
Insurer and managing general agent leaders have committed to help brokers deal with the impact of Applied Systems cutting Epic from the UK market.
Brokers disappointed by Applied pulling Epic out of UK market
Insurance brokers have expressed sadness, disappointment and concerns about a hit to competition following Applied Systems withdrawing its Epic solution from the UK broker market.
Applied Systems to pull Epic solution from UK broker market
US broker software giant Applied Systems is to withdraw its Epic solution from the UK broker market, Insurance Age can exclusively reveal.
Aviva first to launch on Acturis Unify
Aviva is the first insurer to join Acturis’ artificial intelligence and data-driven placement strategy tool Unify.
Only 20% of brokers working with AI – Open GI warns of smaller broker ‘gulf’
Research from Open GI has found as many as 80% of insurance brokers have yet to implement AI into their business, with the software house warning of a “gulf” between the progress of national brokers and smaller regional firms when it comes to gaining an advantage from early AI adoption.
Biba 2025 Countdown: LexisNexis Risk Solutions’ Tony Pinch
Tony Pinch, head of sales, broker and MGA, UK and Ireland at LexisNexis Risk Solutions suggests a New Era of broking will feature more data enrichment; passes down some tips from his 15 years experience attending the event; and recommends delegates might fancy a trip to see a local exhibition called Operation Ouch! Brains, Bogies and You!
Biba 2025 Countdown: FullCircl’s Ashleigh Gwilliam
Director of insurance industry growth at FullCircl and a member of the Biba Insurance Technology and Innovation Committee, Ashleigh Gwilliam, on ‘fearlessly defending’ his most conference steps title, the case for business cards and why Oasis’ ‘Supersonic’ perfectly encapsulates the event.
Biba 2025 Countdown: Earnix UK’s Andrew How
As Biba 2025 approaches, Earnix UK Insurance director Andrew How recommends attendees keep an open mind, suggests how regional brokers can compete effectively in the New Era and is looking forward to tasting the delights of a local tap room.