UK Insurance Trends

SMEs Reducing Insurance Cover As Inflation Bites

Some research on the levels of borrowing that many SME business owners are taking on to stay afloat. New research from the UK’s leading insurance premium finance company, Premium Credit, shows the number of SMEs […]

Insurance claims

SME Sector is Borrowing To Fund Insurance Premiums

Latest research from Premium Credit on business borrowing trends; New analysis from the UK’s leading insurance premium finance company, Premium Credit, shows the Construction sector borrows the most to fund insurance but the Professional and […]

UK Insurance Trends

SMEs Borrowing to Cover Insurance Costs, Says Premium Credit

The cost of living squeeze and energy bill increases are driving a surge in people borrowing more to fund insurance policies, according to new research from Premium Credit. Its study found that two out of […]

News

Recovery Loan Scheme is Fuelling Small Biz Boom

As ONS data shows an unprecedented rise in new company registrations in Q1 2021 versus Q1 2020 continuing a trend seen in 2020 – ā€˜the year of the start-up – aĀ Purbeck Personal Guarantee InsuranceĀ survey has […]

News

Revealed: SMEs Borrowed £1.5bn Against Their Assets During Lockdown

A Freedom of Information request to the British Business Bank has revealed the full scale of personal risk SME business owners took through the Coronavirus Business Interruption Loan Scheme (CBILS).Ā  The request byĀ Purbeck Personal Guarantee […]

Insurance Regulation

Lockdown 2: FCA Issues New Guidance For Lenders

Here’s the latest update from the FCA on the guidance for lenders and authorised credit providers; We said we would keep our support for consumer credit borrowers under review as the coronavirus (Covid-19) pandemic evolved. […]