BNP Paribas to exit premium finance in 2024

exit-sign-dark

BNP Paribas Personal Finance will leave the premium finance market on 31 March 2024, Insurance Age can reveal.

Rumours of the exit plans first started to swirl last week however the lender declined to comment when approached by Insurance Age.

The firm was silent on what prompted the decision and why it would only be giving brokers a few months’ notice. BNP Paribas Premium Finance also did not address whether it would be offering introductions to alternative lenders.

Correspondence with brokers seen by Insurance Age has detailed: “This decision has been taken as a result of changes within the PF UK business

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: