Premium Credit, the UK and Ireland’s leading provider of insurance premium finance and a range of annually charged services, is pleased to announce Mark Morley’s appointment as Operations Director. He joins from Close Brothers.

More insurance customers using credit to buy their cover are increasing the amount they borrow to help ease cost of living pressures, new research from the UK’s leading premium finance company, Premium Credit, shows.

Premium Credit is pleased to announce that Jennie Hill has been appointed as Chief Commercial Officer, Specialist Lending having covered the role in an interim capacity over the last 5 months.

New research* from the UK’s leading insurance premium finance company, Premium Credit, reveals that 51% of SMEs are relying on credit to pay for their insurance, borrowing on average around £1,130. Around 13% of SMEs who use credit to pay for their insurance claim to have borrowed over £3,000 to fund their cover.

New research from the UK’s leading insurance premium finance company, Premium Credit, shows nearly five times more SMEs expect to see growth in revenues compared to those who expect revenues to shrink.

During this year’s annual BIBA Conference the Premium Credit team will outline the latest developments in insurance premium finance. BIBA 2023 will allow us to showcase how we are ‘Rising to the Challenge’ in a rapidly changing macroeconomic and regulatory environment, promoting new enhancements which are helping our partners grow business.