Premium Credit is delighted to announce that it has retained the Insurance Choice ‘Premium Finance Partner of the Year’ award, following a Covid-friendly digital awards event. The Insurance Choice Awards help consumers to find the best insurance providers, brokers and partners in the market, and after 13 weeks of voting, 50,000 customers had their say on over 170 brands.

Premium Credit, BIBA’s only accredited provider of insurance premium finance, is sponsoring the BIBA 2020 Virtual Tour of the Regions taking place this week, October 12-16, 2020. The online, regional tour provides a member-only closed door opportunity to hear from BIBA's Chief Executive, Steve White and Executive Director, Graeme Trudgill on BIBA's activities and efforts to support members during what continues to be a challenging year.

After a detailed shortlisting process Premium Credit have been selected as a finalist at the Credit Awards, the UK’s largest awards ceremony for the credit industry. The award entry outlined Premium Credit’s reinvigoration of the collections & recoveries environment to ensure it operated efficiently, effectively and, above all, putting customers and partners at the heart of every action.

As the FCA continues to send out its invoices to regulated firms requesting payment of their annual fees, Premium Credit continues to offer businesses a finance facility to spread their fees over convenient monthly repayments rather than having to pay in one lump sum.

Premium Credit’s contribution outlines the company’s individual journey from a vision-statement organisation to one that is ‘Purpose-led’; getting to the heart of the Purpose it wishes to convey, what the company does and why it does it, for the benefit of the customer.

The cost of commuting can account for more than 10% of workers’ incomes in the UK. At a time when many are facing financial stress from reduced household incomes, increased utility bills, and restricted services, it is important to do what we can to ease such a significant financial burden.