Premium Finance

Premium Credit

A supplier member of the MGAA since 2011, Premium Credit is the leading insurance premium finance company in the UK and Ireland with more than 2 million customers and advances of £3.8 billion in 2014, processing over 27 million Direct Debits.

Premium finance provides cash flow benefits and a valuable revenue stream for MGAA members in the form finance commission. It is also an added value service for clients, offering the flexibility and convenience of paying personal and commercial insurance premiums over monthly payments at competitive rates. 

With innovative online solutions and dedicated Business Managers working closely with you, Premium Credit makes it easy to translate opportunities into business to help you maximise the benefits of premium finance and provide an enhanced service and greater customer experience for your clients.  

Full MGAA members are also eligible for a 0.5% discount on the rate for financing their FCA fees and levies, should they choose to spread the cost over monthly payments with Premium Credit. For more details and to apply online*, visit the FCA Fee Funding section of the Premium Credit website.

For more information about our insurance premium finance services, please visit or email

*Credit is subject to status. Terms and conditions apply.