Bexhill UK, the premium finance provider, is delighted to announce that it has entered into a strategic partnership with SchemeServe, the leading cloud based provider of insurance software for intermediaries, as its exclusive provider of premium finance.
SchemeServe intermediaries using its quote and buy system can now also seamlessly arrange and administer premium finance agreements alongside polices using the integrated Bexhill facility. A clear USP for brokers, it allows them to offer their own premium finance facility, a benefit that enables policyholders to spread the costs of insurance premiums.
Adam Bishop, CEO SchemeServe, said: “At SchemeServe we strive for seamless integrations that enhance our service and make it easier to launch products in record times. Our brokers value agility, independence and speed to market highly, so it was important for us to find a partner that would mirror those values. We carried out a tender amongst leading premium finance providers to be our exclusive supplier and were delighted by what Bexhill could offer. Their flexible and innovative approach to premium finance and the service provided by their experienced team was head and shoulders above anyone else.”
Ravi Takhar, CEO Bexhill UK, said: “We are delighted to partner with SchemeServe and help them further evolve their unique administration, distribution and underwriting solution, by integrating our premium finance facility directly within the SchemeServe platform. This is the second integration we have undertaken with a leading InsurTech provider, following the announcement of our alliance with SSP in March. It demonstrates the strength of the service we offer in terms of generating value added solutions for brokers operating in an increasingly fast paced and competitive market. I look forward to developing a strong and long-lasting relationship with SchemeServe and their brokers.”
For further information contact: SJ Wrigley sj@spotlightconsulting.co.uk 07909546104
About Bexhill
Part of Orchard Funding Group PLC, a global financial services group listed on the London Stock Exchange, Bexhill UK is a premium finance provider. It has been operating within the premium funding market for over 20 years offering much needed choice to insurance brokers.
About SchemeServe
SchemeServe is a leading cloud based provider of software to the insurance industry which has grown to operate more than 200 schemes and £150m of gross written premium per annum. SchemeServe is a white-labelled administration, distribution and underwriting SaaS solution for those operating delegated authority schemes business in both personal and commercial lines.
The company’s ‘Scheme Tailors’ are all experienced insurance professionals and using SchemeServe they work with brokers to design bespoke white labelled solutions for customers in double time.
The SchemeServe philosophy is Remarkable Schemes Made Simple.