In the age of one-stop shops and streamlining, it’s all about integration of capabilities and offerings… and two firms have done just that in a financing deal for the benefit of home insurance buyers.
Insurtech Homelyfe has tapped premium finance supplier Premium Credit to provide app users with an instalment payment option as part of the already speedy purchase process. The latter’s integrated technology will allow the setup of a premium finance agreement at the point of sale, meaning from within the Homelyfe app.
“We are delighted to be Homelyfe’s chosen premium finance provider,” commented Premium Credit chief sales and marketing officer Simon Moran. “It’s important for us to support insurance providers and their networks across the whole spectrum whether new entrants or established players.
“We have a continuing appetite to innovate, regularly introducing new releases to the market ensuring we future-proof our technology and provide the best premium finance options possible.”
Homelyfe chief executive and co-founder Peter Goodman, for his part, said the insurtech has “great ambition to grow and evolve” its business through collaboration with brands who can leverage Homelyfe’s white label solution and platform.
“Our technology has been so well received in the direct consumer space, we now want to enable other businesses to digitally transform their insurance offerings,” noted Goodman. “Premium Credit’s technology-led premium finance offering helps facilitate this growth process by giving our customers a great option to spread the cost of their insurance cover.
“We share a similar desire to make the customer journey as frictionless and efficient as possible using the latest technology.”
