Clear Group signs new multiyear deal with Premium Credit

Clear Group has selected Premium Credit as its principal premium finance partner in a new multiyear contract.

As part of the agreement, which covers the broker’s UK and Irish companies, clients will have access to Premium Credit’s premium finance propositions.

This enables businesses and individuals to manage their insurance costs by spreading payments into smaller, regular instalments, improving cash flow and financial flexibility.

Jenna Hylton, group finance operations director at Clear Group, said: “We are thrilled to extend our partnership with Premium Credit. Its 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.

”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.”

’Extremely pleased’

The extended agreement between the two firms follows a thorough market review from Clear Group.

Owen Thomas, chief sales officer at Premium Credit, said: “We are extremely pleased to have been selected by Clear Group.

“As its 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.”