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PremFina Wins Bronze for Diversity and Inclusion at The Insurance Times Awards 2021.

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LONDON — PremFina Ltd (“PremFina” or the “Company”), the UK’s only venture capital and private equity-backed premium finance company, is pleased to announce it has won bronze for “Diversity and Inclusion” in the Insurance Times Awards for 2021.

It was known for its great atmosphere, the ceremony at the Grosvenor House Hotel in London on December 9. Attended by 800 insurance industry professionals, it was hosted by a stand-up comedian and television presenter, Dara Ó Briain.

The award night was sponsored by leading companies in the insurance industry, seen as game changers and trendsetters. These included ACORD, Ageas Insurance Ltd, Applied Systems, Aviva plc, Carpenters Group, Markerstudy Insurance Services Limited, AA Ltd, and PremFina Ltd.

Unlike other events, the Insurance Times Awards encourages and celebrates the very finest across the breadth of UK general insurance – those with outstanding initiatives, individuals, and teams that are embracing emerging opportunities and leading the charge for better insurance services in a rapidly changing space.

Brought up on a mixture of Indian, Canadian, and English culture, PremFina’s Group CEO, Bundeep Singh Rangar, made it his mission to bring diversity and inclusion to PremFina and has throughout the years stated, “Diversity and Inclusivity are not just pledges for us…. they’re in our DNA.”

PremFina at the Insurance Times Awards 2021

For the past three years, PremFina has been nominated for the Diversity and Inclusion Award by the Insurance Times. Finally, winning bronze is a recognition the PremFina family is happy to share and celebrate.

Not only were they nominated, but PremFina Group CEO Rangar also presented the “Excellence in Technology” – General Award on the night. “Since we won Gold for Excellence in Technology at last year’s Insurance Times ceremony, it’s an absolute pleasure to be presenting the award this year.” PremFina, Group CEO, Bundeep Singh Ranger

PremFina has previously won the Insurance Times award of Best Use of Technology for Customer Experience at the Tech & Innovation Awards in 2018. In 2018, PremFina became one of the 100 Best Insurtechs in the EMEA Region by Klein Blue and one of the hottest FinTech Startups in Europe in The Europas Awards in 2019. The award nominations continue, with PremFina winning the Organisational Impact SME category, at The Lloyd’s Dive In Impact Awards in 2019. Becoming part of the Dive In Impact winner circle is an outstanding accomplishment for any business to achieve – the award itself is constituted by a group of firms in Lloyd’s Market who are steering Diversity and Inclusion in the insurance industry. Notably, PremFina also became a finalist for the Diversity and Inclusion Award at the British Claims Awards in 2020.

About PremFina

PremFina Ltd is technology-led, private equity backed, London-based firm operating in the $80 billion global premium finance industry. Promoting financial inclusion enables the payment of insurance premiums via affordable monthly installments. The company supplies insurance brokers and companies with financing facilities and a white-label cloud-based Software-as-a-Service (SaaS). Nearly half of PremFina’s staff work within IT in the UK, Bulgaria, and Poland.

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