PremFina Examines £6 Bln Private Equity Investments in UK Insurance Brokers at BIBA
Summary
LONDON, May 13, 2019 /PRNewswire/ -- PremFina Ltd ("PremFina" or the "Company"), the first venture capital backed premium finance company to offer a proprietary white-labelled solution for insurance brokers is pleased to announce its Chief Executive Officer (CEO) Bundeep Singh Rangar will be speaking at the 2019 British Insurance Brokers Association (BIBA) Manchesters Fringe session during the two-day conference and exhibition. Rangar will examine the latest market trend of private equity firms investing in the insurance broker industry. "The session will be driven by facts and data – attendees will walk away with an understanding of how they can position their company to receive financing from private equity firms and get the best deal." The BIBA Fringe, a series of presentations by a select number of exhibitors, offers event attendees a chance to listen to informative talks filled with content targeted at improving knowledge or helping to identify new areas of revenue. It supplies insurance brokers with funding lines and also enables broker-funded and branded credit agreements via its Software-as-a-Service (SaaS) affiliate IXL PremFina Ltd. With PremFina, brokers receive higher profit, greater autonomy and the opportunity to increase the lifetime value of their customers as well as cross-sell and up-sell additional products.
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