Premium Credit’s free sales training for insurance brokers has been recognised – securing Continuing Professional Development (CPD) accreditation for the premium finance company’s capability team.
The team, over the past year, visited about 270 insurance partners across the UK and provided sales training to more than 2,500 of their staff members. The modular course, with sessions tailored specifically to the needs of individual broker partners, helps enhance the offering of finance to customers who opt to pay their insurance premiums in instalments.
In fact, according to Premium Credit, partners saw improvements in the administration of credit agreements as well as an average 9% increase in premiums financed following training.
“The CPD accreditation underlines our ongoing commitment to supporting our broker partners through progressive sales training, learning, and development,” said Premium Credit strategy and marketing director Adam Morghem.
“We continue to receive excellent feedback from brokers attending our sessions; reflected in their performance, which cover a range of ‘selling’ topics from technical innovations to the latest compliance and regulatory thinking.”
Meanwhile the capability team will be developing further content in the coming months.
Morghem added: “We expect other premium finance players to follow suit, having seen the benefit we bring our partners, and are delighted that our continued market leadership improves the offer of finance for all customers.”