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Old Sep 10, 2008 | 11:02 AM
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Tony @ Greenlight
Too many posts.. I need a life!!
 
Joined: Sep 2004
Posts: 699
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From: Brentwood, Essex
Default Greenlight Insurance - Premium finance

Hi All,

Following on from my other post earlier today, explaining the developments here at Greenlight (systems wise) since June 2008 we have also altered our premium finance arrangements.

To clarify this situation I felt this merited a post being made.

Historically (for 12 years), where an Insurer did not offer a premium finance option we had outsourced to Amber Credit (a third party finance company - part of the Skipton Building Society).

In July 2008, Amber were purchased by another company and we had chosen to source alternative options.

I'm conscious that since July our finance options had been restrictive, but we now have 2 finance plans in place that will cater for most people (at a current interest rate that is 3% better than Amber Credit).

I understand that not everyone requires premium finance, this is a useful option for some of you wishing to spread the cost of your policies.

Kind regards


Tony Fehily
Senior Partner
Greenlight Insurance
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