’Insurance DataLab’s platform provides a valuable single source of market intelligence,’ says chief commercial officer

Premium Credit has partnered with Insurance DataLab to strengthen its access to insurance market intelligence and support data-driven decision-making.

The premium finance provider will use Insurance DataLab’s insight platform to analyse insurer performance, assess financial results and identify market trends.

The partnership is intended to support faster decision-making across Premium Credit while improving efficiency and the service it provides to its partners.

Jon Howells, chief commercial officer at Premium Credit, said: “Insurance DataLab’s platform provides a valuable single source of market intelligence, giving us access to performance data, financial insights and trends, all in one place.”

Data insight

Insurance DataLab co-founder Dan King said the partnership marked the firm’s first with a premium finance provider.

He said: “Our aim is to help businesses make better data-driven decisions by making complex market information easy to access, compare and understand.

“We’re looking forward to supporting Premium Credit with the insights they need as they continue to develop their business and deliver great outcomes for their partners.”

The partnership comes amid growing demand for insurance market intelligence that allows businesses to benchmark performance, understand market trends and identify opportunities.