PremFina is the first venture capital backed premium finance provider that offers insurance brokers a flexible funding solution and a white label software for their clients, with operations in the UK, Ireland, Poland and Bulgaria.
The company promotes financial inclusion by making insurance more affordable, allowing purchasers of insurance to spread the cost of their insurance premiums over monthly instalments. To do so, it supplies insurance brokers and underwriters with financing and Software-as-a-Service (SaaS), to make insurance affordable at the click of a button, who in turn generate higher profit, greater autonomy and increase the lifetime value of their customers.
PremFina empowers brokers by maximising their control over customer relationships with their own-branded premium finance credit agreements through SaaS, financing options or a hybrid of the two. Its use of technology results in lower operating costs. Flexible, robust, modular and scalable with 300+ API integrations, the software makes existing processes automatic and simple.
The company’s shareholders include global investors Rakuten Capital, Draper Esprit, Thomvest Ventures, Emery Capital, Talis Capital.
For more information please contact:
Office: +44 203 500 3462
Mobile: +44 7956834977