Bexhill Launches UK’s First Premium Finance Peer to Peer Lending Platform

Bexhill UK has become the first insurance premium finance provider to launch a peer to peer lending platform specialising in the insurance premium finance market and the insurance broker working capital financing market.  The innovation, called Orchard Lending Club (OLC), … Continue reading

New fintech platform ‘Belong Safe’ launches market’s first on-demand insurance for the property sharing economy

Belong Safe has today launched the world’s first pay per day household insurance policy for the sharing economy. Underwritten by Hiscox and developed in partnership with cloud-based insurance software providers Red Crake, and ‘launch and host’ specialists, Ambant Underwriting Services, … Continue reading

ALPS Recruits New Business Development Manager as Growth Continues

Auto Legal Protection Services (ALPS), one of the UK’s leading providers of motor claims solutions, legal expenses and additional products, has taken on an experienced Business Development Manager as it continues to grow and secure new contracts. Ben Lemmon joins … Continue reading

Clegg Gifford outsources FNOL to ALPS

Leading Lloyds broker, Clegg Gifford, has today announced that it has signed a 3 year deal to outsource its entire FNOL function to Auto Legal Protection Services (ALPS). ALPS has also been awarded delegated authority by Tradex, a key insurer partner of Clegg Gifford. Continue reading

Rising costs reflect the essential value of key cover

The average cost for a replacement car key across all major makes and models now stands at £215, according to Keycare, the UK’s leading expert in key cover, recovery and assistance products and services. The average key replacement cost in 2015 has risen by 29% compared to 2013 and now range from £162 for a Vauxhall Astra key and £262 for a Ford Fiesta.* Continue reading

Bexhill launches new broker-funded direct premium finance model

Bexhill UK, the Premium Finance Provider, is delighted to announce the market’s first ever broker-funded direct premium finance facility. An alternative to its other premium finance offerings, the new facility called Broker Invest, enables brokers for the first time, to lend their own funds to clients in a fully FCA compliant and regulated environment using Bexhill’s premium finance system. This means that brokers can invest their own funds and earn up to 20% from their premium finance business, rather than the usual 1-2% commission. Continue reading