Surrey-based The Plan Group has a new ally in Premium Credit.

The independent commercial insurance brokerage has tapped the premium finance provider for the benefit of its 18,000 customers. Recourse and non-recourse premium finance schemes will be offered through brands Plan Insurance Brokers and Yellow Jersey.

“Premium Credit’s professional and client-focused approach coupled with their investment in market-leading technology platforms made them stand out from alternative providers,” noted The Plan Group managing director Grant Georgiades. “These factors alongside flexible payment choices, competitive rates, and a dedicated customer service team made them the obvious choice to partner with.”

The schemes will be available for specialist covers including motor trade road risks, private & public hire, general commercial and construction, as well as niche related areas such as pedal cycle and cycle travel insurance.

“Having completed the first phase of integrating our bespoke system with theirs, we plan to roll out further enhancements shortly which will seamlessly merge workflows, ultimately resulting in a full cycle premium payment solution for our customers,” said Georgiades.