PremFina and RCIB Renew Partnership for Five Years

The latest update from PremFina and RCIB;

PremFina and Right Choice Insurance Brokers (RCIB) have agreed a new five-year partnership, extending a relationship that has supported RCIB with flexible premium finance solutions since 2023.

The extension reinforces a shared commitment to innovation, operational efficiency and sustainable growth, supported by PremFina’s ongoing investment in technology and platform development.

As part of the next phase of the partnership, Right Choice will benefit from PremFina’s enhanced technology designed to streamline the management of its premium finance portfolio, reducing administration via increased levels of automation, creating a more efficient experience for both RCIB and their customers.

PremFina’s technology aims to reduce operational friction, enabling brokers to spend less time on process and more time supporting customers and growing their businesses.

Laura Sweetman, Chief Product & Revenue Officer at PremFina, said:

“This agreement is a reflection of the strong relationship we’ve built with Right Choice and a shared vision for the future. It will enable us to build upon a partnership that has delivered significant value for both businesses over several years.

As we continue to invest in our platform, our focus remains on making premium finance simpler, cutting down the administrative burden for brokers and improving the customer experience. We’re excited to continue our relationship with Right Choice as we bring new technology and automation to the market.”

Andrew Taylor, Commercial & Partnerships Director at Right Choice Insurance Brokers, said:

“PremFina has been a trusted partner to Right Choice over the past three years. The decision to renew the partnership was based on the value they have delivered over this period and their continued investment in technology. The opportunity to reduce operational administration, improve efficiency and further enhance the experience for our teams and customers makes this an exciting next chapter for both businesses.”