Bexhill UK, the insurance premium finance provider and part of Orchard Funding Group plc, has partnered with a select number of specialist professional indemnity (PI) brokers to launch a new 0% funding option for solicitors’ PI premiums.
CEO of Bexhill UK, Ravi Takhar, comments: “Average annual PI premiums this year are in excess of £17000 for a 5 partner firm in London for example. For some firms their PI premiums can be their biggest business overhead. We’re delighted that through our partnership with a number of leading UK insurance brokers that are recognised specialists in the PI market, solicitors can now access 0% finance on their PI premiums which we know will be a lifeline to many solicitors who are struggling with the cost of this compulsory insurance.”
Bexhill was founded in 2002, as an alternative to the large premium finance providers in the market and is succeeding in taking a healthy proportion of the market with its innovative financing models.
To find out more about the 0% finance now available solicitors should visit www.Bexhillukfunding.com
For further information please contact:
SJ Wrigley, Spotlight Consulting: firstname.lastname@example.org 07909546104
Vicki Roe, Spotlight Consulting: email@example.com 07967 804140
Part of Orchard Funding Group PLC, a global financial services group which has been operating within the premium funding market for 13 years, Bexhill UK supports hundreds of insurance brokers across the UK. Its original unique funding model provides the finance, if required, and the supporting technology to enable brokers to run their own premium finance company without any need for complex training or additional overheads, whilst ensuring they remain in total control of the relationship with their clients.