Premium finance provider PremFina said it grew its broker network by a third during 2025 and that it started 2026 with £1.1bn in contracted volumes. It said it was on target to hit £1.9bn by 2027. At is current growth rate, PremFina said it would achieve its targeted compound annual growth rate of 85% between 2024 and 2027.

Sharon Bishop, CEO of PremFina, said: “2025 was a defining year for our business and while other lenders pulled back, we leaned in. PremFina has been able to play the advantage of significant technology and people investment, expanding our broker network, fostering strategic long-term relationships and continuing to deliver for our partners. Our growth over the past 12 months is a clear validation of this strategy.

“We’ve entered 2026 buoyed by this momentum with an exceptionally strong pipeline of potential business. I have every confidence in our ability to continue scaling and I would be disappointed if, in two years’ time, we are not one of the top two premium finance providers in the UK.”

Last year, PremFina agreed a £350m private securitisation facility from HSBC and Waterfall Asset Management, which it said would underpin its growth ambitions.