Premium Credit Ireland has teamed up with Misys to develop Ireland's first fully integrated premium finance solution, it was announced today.
The software would enable brokers to arrange premium finance electronically at point of sale without leaving the Misys system, it said.
This is achieved via integration between the Misys back office and the premium finance provider's system.
The software will be initially piloted with a number of brokers including Davitt, Davitt & Wallace, M J Kelleher Dundalk, O'Leary and Tom Fogarty Insurance.
Premium Credit Ireland said software house integration is part of its strategy to make premium finance administration more cost effective for the broker.