Having retained the BSI (British Standards Institute) ISO 22301 certification Premium Credit can verify its maintenance of an effective BCMS {Business Continuity Management System}. The award has been made following the business’ ongoing ability to meet the BSI’s exacting criteria to protect against, reduce the likelihood of, and ensure its business operations can recover from a wide variety of disruptive incidents.

Premium Credit, the UK and Ireland’s leading insurance premium finance provider, has become an Airmic Marketplace Partner. Premium Credit’s new partnership will give Airmic members, those with responsibility for risk management and insurance within their organisations, a one stop shop to spread the cost of annual insurance premiums into convenient monthly payments. Members will be provided with access to award winning premium finance solutions supported by market-leading technology, a dedicated account management team, CPD-accredited training and insightful data on market trends and payment methods.

Premium Credit is pleased to announce recertification of its Payment Card Industry Data Security Standard (PCI DSS). PCI DSS is an evolving information security standard created by the Payment Card Industry Security Standards Council (PCI SSC) providing a unified approach to how payment card data should be protected during its lifecycle. Through this ongoing accreditation, Premium Credit has formerly been recognised as a company demonstrating that payment card data is handled securely on behalf of its partners and their customers.

Premium Credit has become the ABI’s latest and thirty fifth associate member. Premium Credit is a leading insurance premium finance company serving the UK and Ireland, with over 2.1 million customers, processing 24 million direct debits, with advances of £3.5 billion. They provide payment and credit services for insurance premiums and work closely with several ABI Members, MGAs, and over 3000 brokers.

We are very proud to have successfully launched our first annual index combining bespoke research with our own management information, to provide consumer, SME and Corporate insights. Over the past two weeks we have provided insights from both our SME and consumer findings. We have now made our full Index report available to you here.

Our Collections and Recovery team were finalists in the ‘Outstanding Conduct in Collections’ category at the 2020 Credit Awards, the UK’s largest awards for the credit industry. This year the Credit Awards programme has seen a record number of both individual companies entering and total award entries. Hosted by comedian Justin Moorhouse, the Credit Awards took place remotely, with each winner announced in a digital broadcast format. The awards, known as 'the Oscars of the credit industry' recognise and reward innovation, best practice and the hard work of individuals, business divisions and pan-global conglomerates.