PremFina Expands Broker Network by 33% with New Partnerships
PremFina has secured three major broker partnerships in Q4 2025 and continued adding multi-year agreements into early 2026. The company aims for an 85% compound annual growth rate from 2024 to 2027, targeting over £1.9bn in contracted volumes by 2027. The lender has leveraged Close Brothers Premium Finance's exit from personal lines and implemented AI and automation to enhance customer service, achieving 98% auto-approval for lending decisions.
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PremFina has expanded its broker network by one-third by forming three major partnerships in the fourth quarter of 2025 and continuing to sign multi-year agreements into early 2026. The company anticipates achieving an 85% compound annual growth rate from 2024 to 2027, with a goal of exceeding £1.9bn in contracted volumes by 2027.
This growth has been fueled by Close Brothers Premium Finance's withdrawal from personal lines. Additionally, PremFina has integrated artificial intelligence and automation tools to improve the customer experience, with 98% of lending decisions now auto-approved, resulting in cost and time efficiencies for brokers.
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