Premium Credit
SMEs cut back on insurance spend amid Covid-19 financial struggles
Research from Premium Credit shows over half of SMEs have stopped paying for covers including employers' liability and professional indemnity as well as business interruption.
People Moves Round-up: 9-13 December
Keep up to date with the latest market moves.
Quizzical questions: 12 July 2019
Test your knowledge of the week's news with our topical quiz.
Danish regulator orders Gefion not to expand its business volume
Premium Credit also issued Gefion with an ultimatum for cutting business ties.
Market moves: Movers and shakers
There were many big name moves in June, with several arrivals and departures announced at the executive level
Premium Credit to cease working with Gefion
Premium finance provider has had unrated Gefion under "active review" since October and says move follows the various actions imposed by the Danish regulator, including the restatement of Gefion's solvency ratio.
Waite-led Premium Credit takes Howells from Close Brothers and Thomas from RSA
Following Tara Waite's appointment as CEO, Owen Thomas and Jon Howells join the company from RSA and Close Brothers respectively.
Premium Credit appoints former Wonga head as CEO
Tara Waite (formerly Kneafsey) is to replace exiting chief executive Tom Woolgrove.
Majority of brokers report high stress levels
Panellists urge attendees at the 2019 Biba conference to create an environment where people can talk about mental health, as Premium Credit research shows brokers expect stress levels to grow.
The growing use of credit to buy insurance
New research by Premium Credit reveals the insurance intermediary market anticipates consumers will use credit more this year when buying insurance.
Premium Credit confirms another outage
Brokers and customers of the credit provider experienced problems for almost two days over Monday and Tuesday.
#Insagepeople: 21 - 27 January 2019
Stay up to date with the latest people moves.
Close Brothers Premium Finance restores contact centre after outage
Customers were urged to use emails during the issue.
#Insagepeople: 3 - 7 December 2018
Stay up to date with the latest people moves.
Broking Break - Your Top Five
In a busy week for news brokers wanted to read about potential deals, premium finance, senior departures from insurers and the "crack cocaine" of insurance.
Premium Credit promotes Andrew Chapman to CFO
Chapman has been with the premium finance provider since 2004.
Premium Credit reviewing Gefion position
Close Brothers to end non-recourse policies for Danish insurer’s product.
Premium Credit restores trading capability to all brokers
CEO Tom Woolgrove, says not all functionality restored as he apologises to brokers and thanks them for their support.
Podcast: Allianz’s Sarah Mallaby gives her view on five stories from the week
Mallaby discusses Marsh’s takeover of JLT, cyber issues in the market and insurance fraud.
Premium Credit explains taking system offline
Services still not fully restored after company suffered cyber incident on Sunday.
FCA confirms 1 November start date for affordability tests
Premium finance firms tell brokers they are ready for the changes.
Providers prepare for FCA affordability rule changes hitting premium finance
Biba calls for level playing field with direct insurers.
#Insagepeople: 17 to 23 October 2016
Keep up to date with all the latest people moves.
Applied Systems partners with Premium Credit
Deal adds premium finance products to software provider's Applied TAM system.