The Clear Group has signed a new multi-year deal with Premium Credit to act as its main premium finance partner.
The agreement covers Clear’s UK and Irish companies and builds on an existing partnership between the two firms.
Clients will be able to spread their insurance payments into smaller, regular instalments via Premium Credit’s digital system.
The partnership aims to help businesses and individuals manage insurance costs more easily and improve cash flow.
Owen Thomas (pictured), chief sales officer at Premium Credit, said: “We are extremely pleased to have been selected by The Clear Group.
“As their premium finance partner, now with additional responsibilities, we are entrusted to deliver the high standards that are expected in an increasingly regulated market.
“We look forward to fulfilling this deeper partnership and the growth opportunities this will create for both businesses.”
Thomas added: “We have a proven track record of working with leading insurance brokers in the UK and Ireland, so Clear’s requirements are ones that we are well placed to service.”
Jenna Hylton, group finance operations director at Clear Group, said: “We are thrilled to extend our partnership with Premium Credit.
“Their continued support is invaluable as we strive to enhance our service and support offering to our clients.
“Premium Credit’s investment in cutting-edge technology integrates seamlessly with our existing systems, creating a smooth and efficient customer journey.”
Hylton added: “With robust operational processes and shared values, this partnership is a strong commercial fit that brings clear benefits to our clients, giving them greater control over their insurance payments.”
