Overview
PremFina is a premium finance SaaS platform for insurance brokers, MGAs, and insurers in the UK market. The company enables insurance customers to spread premium costs through monthly Direct Debit installments, while providing its distribution partners with white-label tools, payment portals, and credit management capabilities.
The platform is delivered as an API-integrated cloud SaaS, with partner integrations built for broker management systems and insurer platforms. PremFina operates under FCA authorization received in Q4 2016 and positions itself as a technology-led alternative to traditional premium finance houses, offering branded payment experiences and digital self-service tools.
Founded in 2015, PremFina has processed over GBP 300 million in insurance premiums and reports GBP 1.1 billion in contracted volumes as of Q1 2026. The company was the first premium finance firm in the UK to receive venture funding and has grown its broker network by one-third in 2025. Investors include Rakuten Capital and Draper Esprit.
Products & Services
Premium Finance Solutions
Core installment payment service enabling insurance customers to spread premium costs over monthly Direct Debit payments. Partners embed this directly into their customer journeys.
Key Features
- Monthly installment plans via Direct Debit
- FCA-regulated lending framework
- Real-time credit decisioning
Target Users: Insurance brokers, MGAs, insurers
Branded Payment Solutions
White-label premium finance product allowing brokers and insurers to offer installment payments under their own branding.
Key Features
- Fully customizable branding
- Partner-controlled customer experience
- API integration for seamless embedding
Target Users: Brokers, insurers, MGAs
Payment Portal
Digital self-service platform for end customers to manage their premium finance agreements and payment schedules.
Key Features
- Account management and payment history
- Self-service payment adjustments
- Direct Debit management
Target Users: Insurance policyholders
Policy & Credit Management Tools
Tools for insurance professionals to manage credit agreements, handle policy adjustments, and communicate with customers about payment terms.
Key Features
- Credit agreement management
- Policy-linked payment tracking
- Broker administration dashboard
Target Users: Insurance brokers and MGA administrators
At a Glance
- Founded
- 2015
- Headquarters
- London, UK
- Employees
- 51-200
- Funding
- Series A
Category & Focus
- Category
- Specialty Solutions
- Subcategories
- Premium Finance Payment Infrastructure White-Label Financial Services
- Insurance Verticals
- P&C Personal P&C Commercial Specialty/E&S
- Target Customers
- Brokers, MGAs/MGUs, Carriers
Customers
- Cuvva (three-year integration partnership, April 2026)
- Ardonagh Advisory (landmark partnership)
- One Answer Insurance (multi-year strategic partnership, August 2025)
- Quote Detective
- Pikl
- Compass Network
- Well Dunn Insurance Group
Links
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Last updated: 2026-06-15