Insurance financing service PremFina has appointed Sharon Bishop as UK & Ireland CEO to help spearhead international expansion overseas.
She joins after 17 years at Close Brothers including seven years as CEO of Close Brothers Premium Finance (CBPF).
PremFina’s services include lending facilities to offer flexible finance for commercial and personal lines, and a stand-alone white label Software-as-a-Service (SaaS).
This enables brokers, insurers, and managing general agents (MGAs) to use premium finance as well as self-fund their loan books or combine the two.
Commenting on her appointment, Bishop, said: “I’m looking forward to talking to brokers about how we can help them grow their business and deliver flexible financing solutions in the way their customers expect and deserve.”
Bishop will also support PremFina founder and group CEO Bundeep Singh Rangar to expand the business internationally.
Rangar added: “Our team has built something flexible and fresh, with an ability to deliver quickly and delight customers. I’m incredibly excited about our next chapter with Sharon at the helm in the UK and Ireland.”