Skip to main content

Premfina ‘on track to disrupt’ premium finance market amid staff doubling

sharon-bishop

Premfina is ‘on track to distrupt’ the premium finance market after investment flowed into the insurtech, according to sales and marketing director Paul Trail.

Premfina Limited posted its 2022 results in September, which revealed it had more than doubled staff year-on-year to 65 employees.

The premium finance provider has also notched up 100 new broker relationships in the past 12 months, Trail said.

We have already secured over 100 new broker relationships in the past 12 months.  Paul Trail

The business was snapped up by Ardonagh-owner MDP in July 2021. The private equity house helped boost equity in the business to £16.2m in 2021, from £146

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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

Prestige CEO hails ‘landmark’ AUB deal

“Partnering with AUB Group gives us an exceptional platform to accelerate our growth, invest further in our people and services, and expand our presence across our current markets, while retaining the independence and culture that have been central to our success.”

Broking Success: Cass Stephens MD James Cass

Cass Stephens managing director James Cass explains how the broker is targeting the specialist care and park home sectors for growth as the business celebrates its 60th anniversary, and highlights the importance of cyber insurance for SMEs.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: