Premium Finance

Premium Finance 2017-05-31T13:18:46+00:00

Save time by automatically processing your clients’ finance needs

This complete end-to-end system means that you can process your clients’ premium finance needs as a seamless part of your sales process, saving you time and money. What’s more, you can electronically trade selected premium finance facilities as part of your quotation and sales process.

Open GI works with a number of leading premium finance providers: BNP Paribas Personal Finance, Close Brothers Premium Finance and Premium Credit to provide you with a wide range of choice when it comes to comparing premiums and offering your customers the best deal. All of our providers are on-hand to support any queries you may have, allowing you to deliver exceptional customer service rather than focusing on account reconciliation.

Premium Finance providers that we currently work with:

Close brothers Logo

Premium Credit Logo

How important is premium finance to your business? Not sure? Here we explain how premium finance can help you to leverage financial benefits:

Offering premium finance to your customers does require some forward planning so that it fits correctly into your sales process. At Open GI, we know the easiest route is the integrated approach and so, along with our providers, we are more than happy to talk you through the process of including premium finance into your sales model.

Premium Finance Article

Product information

  • Manage mid-term adjustment payments.
  • A payment calculator lets your clients see exactly what their payments will be.
  • Integrates seamlessly with the Open GI system.
  • An EDI message from the premium finance house automatically updates the Open GI Core Back-Office system.
  • You see all critical transaction details at point of sale including financial values, deposits taken and APR amounts.
  • Instantly identify how clients are funding their premiums.
  • The information you need to add premium finance to your proposal is captured in real time with your client.
  • Your staff can concentrate on selling, not account reconciliation.
  • Eliminates re-keying of client information to save you even more time and reduce your administration costs.

Minimum requirements

Premium Finance is subject to the following software version dependencies:

  • Core 12.00 Ext.8 or above

  • APM 5.00G or above

  • Utility 2.12F or above

  • Mist Lib x2.00B or above

  • System x2.85A/0 or above

  • Microsoft Windows® Windows Vista

Contact our team

Call us on 01905 754455 / Email us on respond@opengi.co.uk