Commercial insurance specialist Clear Group has penned a multi-year contract with premium finance provider Premium Credit, which will cover operations at its UK and Irish businesses. The deal builds on an existing arrangement and comes on the back of a market review.

Jenna Hylton, group finance operations director at Clear Group, said: “Premium Credit’s investment in cutting-edge technology integrates seamlessly with our existing systems, creating a smooth and efficient customer journey.

“With robust operational processes and shared values, this partnership is a strong commercial fit that brings clear benefits to our clients, giving them greater control over their insurance payments.”

Owen Thomas (pictured), chief sales officer at Premium Credit, added: “We are extremely pleased to have been selected by The Clear Group.

“As their premium finance partner, now with additional responsibilities, we are entrusted to deliver the high standards that are expected in an increasingly regulated market. We look forward to fulfilling this deeper partnership and the growth opportunities this will create for both businesses.”