Premium Credit and Acturis said they had developed an integrated premium finance solution on the Acturis broking system.
The two companies said brokers would be able to place insurance and arrange premium finance with Premium Credit without leaving the Acturis broking system.
New business, adjustments, and renewals can be submitted directly to Premium Credit from the broker via XML messaging.
Premium Credit sales and marketing director Simon Moran said: “Acturis brokers can now take advantage of our flexible and competitive terms on their own broking system.
“The integrated Premium Credit solution is completely seamless with no need to rekey information on to a secondary system. This reduces administration, speeds up the finance process and can improve the way brokers manage their business.”
Acturis co-chief executive Theo Duchen said: “We are pleased to be in partnership with Premium Credit and believe this enhancement will give our brokers a significant and competitive advantage as all business processes are now streamlined.”
