PremFina and MyFirst team up for creative insurance options.

April 12, 2024
1 min read

TLDR:

  • PremFina and MyFirst have partnered to provide young drivers with tailored insurance solutions.
  • Collaboration aims to make car insurance more accessible and manageable for young drivers.

PremFina, a premium finance provider, and MyFirst, a specialist in insurance for young drivers, have announced a new strategic partnership aimed at assisting young drivers in securing the right cover. PremFina has revolutionized insurance payment options in the FinTech sector, while MyFirst focuses on enhancing the insurance acquisition experience for young motorists. The partnership aims to deliver a user-friendly insurance premium financing solution tailored to the unique needs of new drivers.

MyFirst CEO and Founder, James Noble, emphasized the importance of easing the insurance journey for young drivers, highlighting the shared customer-centric values with PremFina. Paul Trail, Chief Revenue Officer at PremFina, expressed excitement about collaborating with MyFirst to provide young drivers with tailored payment options for quality cover.

This partnership showcases enhanced technology integration and customized financial solutions to ensure a frictionless premium finance process catering specifically to the needs and preferences of young drivers. The goal of the collaboration is to make car insurance more accessible and manageable for young drivers affected by the cost-of-living crisis.

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