New Premium Credit CEO vows to be on the "front foot"
The new CEO of Premium Credit Andrew Doman has set his sights on rapid growth under its new parent company.
It was today announced that Premium Credit has been acquired by US private equity firm GTCR from Bank of America affiliate MBNA Europe in a £900m agreement.
The provider already provides premium finance to some 4,000 intermediaries, among them broker giants such as Willis, Aon and Towergate.
And Mr Doman - who assumes his new role today - expects brokers to benefit from the Premium Credit's entrepreneurial parent company.
Speaking to Insurance Age, he said: "Moving from a corporate ownership to
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